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Taxes 101 part 2

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  • What are tax credits?
    A tax on credit card payments
    A tax on credit loans
    Taxes paid on credit for phone bills
    They reduce the amount of tax you pay.
  • What does USC stand for?
    University Social Costs
    University South Cork
    United Society of Cats
    Universal Social Charge
  • What does PRSI stand for?
    Pay Related Social Income
    Public Related Social Input
    Pay Related Social Insurance
    Public Relations Social Internet
  • What can you do if you're getting emergency taxed?
    Email Revenue
    Ask your employer
    Wait 3 months
    Call (01) 858 9843: 9.30am to 1.30pm, Mon-Fri
  • What information do you need to set up a Revenue account?
    PPS, DOB, Phone No, Home Address, Email
    DOB, Phone No., Email
    DOB, Phone No., Home Address
    DOB, Phone No. Home Address, Email
  • How can you increase your tax credits?
    You can't increase your tax credits
    By earning more money
    By claiming flat rate expenses
    By asking
  • Up to what amount can you earn before having to pay tax?
    €30,000
    €3,000
    €300
    €13,000
  • What tab do you use to add a job under PAYE services?
    Update job or pension details
    Review your tax 2019-2022
    Receipts tracker
    Manage your tax 2023
  • What is this?
    Employee number
    Employment duration
    Number of times employee was late
    Employer number
  • What is NOT an example of flat rate expenses
    Uniforms
    Stationary
    Manicures
    Tools