Tax Facts
|
Tax Year 2014
|
Tax Year 2013
|
Tax Year 2012
|
|
|
Single Person
|
1,650
|
1,650
|
1,650
|
|
Married Couple/Civil
Partner
|
3,300
|
3,300
|
3,300
|
|
Widowed person (without
Dependant children)
|
2,190
|
2,190
|
2,190
|
|
Age: Single/Widowed
|
245
|
245
|
245
|
|
Age: Married
|
490
|
490
|
490
|
|
PAYE/ Employee
|
1,650
|
1,650
|
1,650
|
|
Home Carer
|
810
|
810
|
810
|
|
Tax Year
|
Single or widowed
persons
|
One Parent
Family
|
Married persons
with one income
|
Married persons
with two incomes
|
Rate
|
|
2014
|
First 32,800
|
First 36,800
|
First 41,800
|
First 65,600
|
20%
|
|
Over 32,800
|
Over 36,800
|
Over 41,800
|
Over 65,600
|
41%
|
|
|
2013
|
First 32,800
|
First 36,800
|
First 41,800
|
First 65,600
|
20%
|
|
Over 32,800
|
Over 36,800
|
Over 41,800
|
Over 65,500
|
41%
|
|
Age (in years)
|
% of reckonable earnings
|
Age (in years)
|
% of reckonable earnings
|
|
Up to 30
|
15%
|
50 to 54
|
30%
|
|
30 to 39
|
20%
|
55 to 59
|
35%
|
|
40 to 49
|
25%
|
60+
|
40%
|
Income Tax Credits
Income Tax Rates
Pension Contributions - Maximum Tax Relief - 2014 and 2013
Universal Social Charge (USC)
Rate
Income up to 10,036 2%
Income from 10,036 to 16,016 4%
Income over 16,016 7%
There is a surcharge of 3% on individuals who have income from self-employment that exceeds
100,000 in a year.
A person over 70 years of age or a person who holds a medical card (regardless of age) will pay USC at the maximum rate of 4%, whose aggregate income is 60,000 or less per annum.
Where an individuals total income for the year does not exceed 10,036, they are exempt from USC.
Rate
Income up to 10,036 2%
Income from 10,036 to 16,016 4%
Income over 16,016 7%
There is a surcharge of 3% on individuals who have income from self-employment that exceeds
100,000 in a year.
A person over 70 years of age or a person who holds a medical card (regardless of age) will pay USC at the maximum rate of 4%, whose aggregate income is 60,000 or less per annum.
Where an individuals total income for the year does not exceed 10,036, they are exempt from USC.
