Module: PYIE | Molga: 22 | Currency: EUR | Group: Europe
Includes: PAYE | USC (Universal Social Charge) | PRSI | Pension | BIK | 3 case studies
๐งญ The Gross-to-Net Pipeline
Gross Pay (/101) โ PRSI EE โ USC โ PAYE โ Net Pay (/560)
Ireland has three separate employment taxes: PAYE (income tax), USC (Universal Social Charge), and PRSI (Pay Related Social Insurance).
๐ Ireland Payroll Anchors
- PAYE: 20% standard rate (up to EUR 44,000) / 40% higher rate
- Tax credits: Personal Credit EUR 1,875 + Employee Credit EUR 1,875/year
- USC: 0.5% (up to EUR 12,012) / 2% (up to EUR 26,360) / 4% (up to EUR 70,044) / 8% above
- PRSI Class A: 4% EE + 11.15% ER
- Pension: tax relief on contributions (up to age-based % of income)
- BIK (Benefit in Kind): company car, health insurance
๐ฅ Case Studies
ใ
ค | Case A: Engineer | Case B: Graduate | Case C: Manager |
Monthly Gross | EUR 5,000 | EUR 2,800 | EUR 12,000 |
PAYE (approx.) | EUR 1,020 | EUR 403 | EUR 3,680 |
USC | EUR 147 | EUR 71 | EUR 680 |
PRSI (4%) | EUR 200 | EUR 112 | EUR 480 |
Net Pay (approx.) | EUR 3,633 | EUR 2,214 | EUR 7,160 |
๐๏ธ Step 1 โ Salary Structure (EUR)
Component | WT | Monthly | Notes |
Basic Salary | IE01 | 5,000 | PAYE + USC + PRSI basis |
Pension EE | IE60 | โ250 | 5% โ PAYE-relieved |
GROSS /101 | ใ
ค | 5,000 | ใ
ค |
๐ข Net Pay (Case A)
ใ
ค | EUR 5,000 |
PRSI EE | โ200 |
USC | โ147 |
PAYE | โ1,020 |
Net /560 | ~3,633 |
๐ท๏ธ Key Wage Types
WT | Description | Payslip? |
IE01 | Gross Pay | โ
|
/3P1 | PRSI EE | โ
|
/3U1 | USC | โ
|
/3T1 | PAYE | โ
|
/560 | Net Pay | โ
|
SuccessLabs Academy | SAP ECP Ireland Payroll (PYIE) | Gross-to-Net Playbook