What the Ready Reckoner will and will not do

The Ready Reckoner will: 

• calculate your net weekly pay based on the following standard tax credits for the following relationship statuses:
• Single Person
• Married Person or Civil Partner
• Widowed Person or Surviving Civil Partner qualifying for One Parent Family
• Widowed Person or Surviving Civil Partner without dependent children
• One Parent Family
• PAYE
• Home Carer
  
• calculate your net weekly pay based on standard PRSI and Universal Social Charge rates
• calculate Back to Work Family Dividend (if it applies)
• calculate Family Income Supplement (if it applies) 
• compare your net weekly pay plus any Family Income Supplement and/or Back to Work Family Dividend entitlements you may have with your existing weekly welfare payments
• display a bar chart showing the results

The Ready Reckoner will not:

• take all tax, income and expenses into account
• take your personal circumstances into account
• calculate for two income households
• calculate for any social welfare payment other than Jobseeker's Payment
• include any in-work income supports you may be entitled to other than Family Income Supplement and/or Back to Work Family Dividend
• take additional tax credits that you may qualify for into account
• take account of work associated costs such as travel and childcare
• take Child Benefit into account as it will not be affected if you take up full-time employment
• apply to those Jobseekers who:
• may be exploring self-employment as a possible option
• are considering taking up part-time employment
• are moving from part-time to full-time employment