Are you an employer or a pension provider? Read this…

Revenue have issues the following important information that you should take note of:

1. Changes to the rates and thresholds of Universal Social Charge (USC) for 2015

The rates and thresholds of the USC are changing with effect from 1 January 2015. Employers/ pension providers should ensure that their payroll software is updated to facilitate these changes.

Please note: If you currently outsource your payroll with Jefferson this will be programmed automatically for you as part of the Year End process.

2. Employer Tax Credit Certificates (P2Cs) for 2015 

In December 2014, Revenue will issue 2015 Tax Credit Certificates (P2Cs) to employers/pension providers for all employees, advising the rates and thresholds applicable from 1 January 2015.

Jefferson has been informed that they will start issuing them from December 10th 2014 and we will up date your software for you.

In the situation where an employer/pension provider has not received 2015 P2Cs in time to run January 2015 payroll(s), employers/pension providers should follow the instruction found in question 4.33 of the USC FAQ document.

3. Change to Form P45

Both the ROS and paper Form P45 are currently being updated to accommodate the third USC cut-off point.  The updated paper P45 will be available to non-ROS employers from mid-December 2014 and can be ordered from Revenue’s Forms & Leaflets Service:

Telephone (24-Hour service) 1890 30 67 06
(If calling from outside the Republic of Ireland please phone + 353 1 70 23 050).
Email: custform@revenue.ie

Please note: If you currently outsource your payroll with Jefferson these documents will be updated automatically for you.

4. REMINDER: Illness Benefit and Occupational Injury Benefit notification letters from the Department of Social Protection (DSP)

Revenue mentioned this in an Employer Notice in April last; the DSP use Revenue’s ROS in-box facility to deliver Illness Benefit notification letters directly to all ROS enabled employers, to assist them in the correct taxation of Illness Benefit through payroll.

Employers are reminded that they must access their ROS Inbox in order to view these letters.

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All the best,
The Team at Jefferson