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Chris_Wilcox

Gross Pay is less then Pay for USC

Posted By

Hi All,

We have received a letter form Revenue stating that are submission data is incorrect.

They state that the Gross pay is less than the pay for USC. The issue appears to be due to the Share scheme we process which is subject to USC and PRSI but not Tax.

When we process the shares through the payroll as outlined above everything seems fine, however when it comes to the submissions to revenue the Gross amount is lower than the amount use to calculate USC. Revenue have stated that Gross pay should include all notional pay and share based remuneration. These should not be excluded from your reporting of Gross Pay.

Is there anyway for me to process the shares applicable to USC and PRSI and have them included in the Gross pay submissions to Revenue.

Any help on this would be greatly appercaited,

Chris  

  • 0

    Hi Chris,

    Thanks for using Sage City.

    When you set up a payment you can choose whether or not it is subject to universal social charge (USC), social insurance (PRSI), tax and pension calculation. For your Gross pay to be less than the pay for USC, it sounds like have created a payment incorrectly, as even us a payment is subject to USC and PRSI but not Tax, the Gross pay will still not be less than the pay for USC.

    You can refer to this guide for full info and a video guide on how to set up your payments correctly.

    If this has answered your question please click More > Verify Answer.

    Regards,

    Paul
    Sage UKI

  • 0 in reply to Paul Morgan

    Hi Paul,

    Thanks for your reply.

    I have tried the guide and setup the payment several different ways to see if I can correct this at my end but every time I test the submission to revenue the Gross pay is lower than USC. Below is a screen shot of how I've setup the payment.

    When I process this on time and pay its looks fine (as below) but once I go into the payslip and submissions the gross figure is different.

    Payslip:

    submission:

    I'm probably missing something very simple here but any help would be greatly appercaited.

    Thanks,

    Chris 

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