Guide to MyAccount

    On the 1st of January 2019 Revenue launched their new PAYE Modernisation system. Employers now have to calculate and report their employees’ pay and deduction in real time, on or before the payment is made.

    Employers no longer have to issue statutory forms to employees directly (P45, P60), instead Revenue makes these available to employees through the MyAccount service.

    Part of the MyAccount system allows taxpayers to see up-to-date information on their pay, income tax, universal social charge (USC), PRSI, local property tax if it is being paid through salary and their pension.
    The introduction of this new system will hopefully mean less chances of people over paying their tax which is why Revenue are urging all employees to register for MyAccount.

    We have put together a simple guide on MyAccount and how to register.

    Download your free guide >

     Paycheck Plus, Your Payroll Outsourcing Partner

    Managing payroll can be a complex and time-consuming operation for businesses. Employee queries, employment updates, staff changes in status, keeping up to date with legislation, ensuring payroll compliance, etc. can all take its toll on a business’ internal payroll resources. Here at Paycheck Plus, we’ve been providing comprehensive payroll services tailored specifically to each of our client’s needs for over a decade. Our payroll specialists handle all aspects of payroll management for our clients including answering our client’s employee queries through our Employee Assist Helpline.

    To ensure payroll accuracy or for more information on our payroll services simply request a callback now or call our office on 041-9892100. Alternatively, request a quote here.

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    Topics: PAYE Modernisation

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