PAYE Notice for Employers on USC Changes
In Revenue’s PAYE Notice, employers are advised that this month, Revenue will issue 2015 Tax Credit Certificates (P2Cs) for all employees, advising of the USC rates and thresholds applicable from 1 January 2015.
If an employer has not received 2015 P2Cs in time to run January 2015 payroll(s), the instruction found in question 4.33 of the USC FAQ should be followed.
In the Notice employers are also advised that both the ROS and paper Form P45 are currently being updated to accommodate the third USC cut-off point.
The text of PAYE Notice is published on here.