Calculating Redundancy?

A redundancy lump sum is calculated according a certain formula based on years of service in an employment. The citizensinformation.ie has provided a simple worksheet to help you work it out for yourself. Visit the page Here!

New Social Payment

A GROUP assessing the impact of the proposed universal social contribution (USC), to replace employee PRSI, and the health and income levies will report to Minister for Finance Brian Lenihan within weeks.

A new universal social contribution will replace employee PRSI, the health levy and the income levy. It will be paid by everyone at a low rate on a wide base as a collective contribution to public services.

Finance Minister, Mr Lenihan announced his intention to introduce the charge on income in his budget speech last December.

Extra training Places

E12 million has been allocated to fund 5,000 extra training and education places for unemployed people under the Labour Market Activation Fund. Qualifax.ie has details of education and training courses, including the places for unemployed people supported by the Labour Market Activation Fund.