Supplementary Budget 2009
The emergency budget changes announced on the 7th April 2009 will have an impact on the calculation of pay from the 1st of May 2009. At present, the Revenue Commissioners are still clarifying the details of the new rates and thresholds for Income Levy, Pension Related Deduction and PRSI. In parallel, Core’s development and product teams are analysing the changes and the impact the new rates will have on CorePay.
Core will be in touch shortly with instruction on applying the new rates and thresholds.