TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

PRSI Changes for Civil and Public Servant and Preliminary Tax Calculations

Revenue eBrief No.40 of 2013 states that where civil and public servants paying PRSI under Classes B, C or D also have income from a trade or profession, such income and any unearned income is subject to a Class K PRSI rate of 4%, and is payable through the self-assessed tax system.

The eBrief also states that taxpayers affected by these changes should ensure that, in calculating their Preliminary Tax payment for 2013, it covers the liability to PRSI and Universal Social Charge, as well as Income Tax.