Select view:

Taxes Consolidation Act, 1997 (Number 39 of 1997)

15 Rate of charge.

[FA91 s2; FA97 s2(1) and (2)]

(1) Subject to subsection (2), income tax shall be charged for each year of assessment at the rate of tax specified in the Table to this section as the standard rate.

[3]>

(2) Where a person who is charged to income tax for any year of assessment is an individual (other than an individual acting in a fiduciary or representative capacity), such individual shall, notwithstanding anything in the Income Tax Acts but subject to section 16(2) , be charged to tax on such individual’s taxable income—

(a) in a case in which such individual is assessed to tax otherwise than in accordance with section 1017, at the rates specified in Part 1 of the Table to this section, or

(b) in a case in which such individual is assessed to tax in accordance with section 1017, at the rates specified in Part 2 of that Table,

and the rates in each Part of that Table shall be known respectively by the description specified in column (3) in each such Part opposite the mention of the rate or rates, as the case may be, in column (2) of that Part.

[1]>

TABLE

Part 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £9,900

26 per cent

the standard rate

The remainder

48 per cent

the higher rate

Part 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £19,800

26 per cent

the standard rate

The remainder

48 per cent

the higher rate

<[1]

[2]>

[1]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £10,000

24 per cent

the standard rate

The remainder

46 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £20,000

24 per cent

the standard rate

The remainder

46 per cent

the higher rate

<[1]

<[2]

[2]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £14,000

24 per cent

the standard rate

The remainder

46 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £28,000

24 per cent

the standard rate

The remainder

46 per cent

the higher rate

<[2]

<[3]

[3]>

(2) Where a person who is charged to income tax for any year of assessment is an individual (other than an individual acting in a fiduciary or representative capacity), such individual shall, notwithstanding anything in the Income Tax Acts but subject to section 16(2) , be charged to tax on such individual’s taxable income—

(a) in a case in which such individual is assessed to tax otherwise than in accordance with [23]>section 1017<[23][23]>section 1017 or 1031C<[23] and is not an individual referred to in paragraph (b), at the rates specified in Part 1 of the Table to this section, or

(b) in a case in which the individual is assessed to tax otherwise than in accordance with [23]>section 1017<[23][23]>section 1017 or 1031C<[23] and is entitled to a reduction of tax provided for in [25]>section 462<[25][25]>section 462B<[25], at the rates specified in Part 2 of the Table to this section, or

(c) subject to subsections (3) and (5), in a case in which such individual is assessed to tax in accordance with [23]>section 1017<[23][23]>section 1017 or 1031C<[23], at the rates specified in Part 3 of the Table to this section,

and the rates in each Part of that Table shall be known respectively by the description specified in column (3) in each such Part opposite the mention of the rate or rates, as the case may be, in column (2) of that Part.

(3) Subject to subsections (4) and (5)—

(a) where an individual is charged to tax for a year of assessment in accordance with [23]>section 1017<[23][23]>section 1017 or 1031C<[23], and

(b) both the individual and his or her [24]>spouse<[24][24]>spouse or civil partner<[24] are each in receipt of income in respect of which the individual is chargeable to tax in accordance with that section,

the part of his or her taxable income chargeable to tax at the standard rate specified in column (1) of Part 3 of the Table to this section shall be increased by an amount which is the lesser of—

(i) [5]>£6,000<[5] [7]> [5]>£8,140<[5]<[7] [9]> [7]>€13,967<[7]<[9] [11]> [9]>€19,000<[9]<[11] [13]> [11]>€20,400<[11]<[13] [15]> [13]>€23,000<[13]<[15] [17]> [15]>€25,000<[15]<[17] [19]> [17]>€26,400<[17]<[19] [21]> [19]>€27,400<[19]<[21][26]>[21]>€23,800<[21]<[26][28]>[26]>€24,800<[26]<[28][30]>[28]>€25,550<[28]<[30][30]>€26,300<[30], and

(ii) the specified income of the individual or the specified income of the individual’s [24]>spouse<[24][24]>spouse or civil partner<[24], whichever is the lesser.

[4]>

(4) For the purposes of subsection (3), “specified income” means total income after deducting from such income any deduction attributable to a particular source of income.

<[4]

[4]>

(4) For the purposes of subsection (3), “specified income” means total income after deducting from such income any deduction attributable to a specific source of income and any relevant interest within the meaning of Chapter 4 of Part 8 .

<[4]

(5) Where all or any part of an increase under subsection (3) in the amount of an individual’s taxable income chargeable to income tax at the standard rate is attributable to emoluments from which tax is deductible in accordance with the provisions of Chapter 4 of Part 42 and any regulations made thereunder, then, the full amount of the increase, or that part of the increase, as may be appropriate in the circumstances, shall only be used in accordance with the provisions of that Chapter and those regulations in calculating the amount of tax to be deducted from those emoluments.

[6]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £17,000

22 per cent

the standard rate

The remainder

44 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £20,150

22 per cent

the standard rate

The remainder

44 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £28,000

22 per cent

the standard rate

The remainder

44 per cent

the higher rate

<[6]

<[3]

[8]>

[6]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £14,800

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £17,131

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first £21,460

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

<[6]

<[8]

[10]>

[8]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €25,395

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €29,395

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €36,823

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

<[8]

<[10]

[12]>

[10]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €28,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €32,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €37,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

<[10]

<[12]

[14]>

[12]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €29,400

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €33,400

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €38,400

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

<[12]

<[14]

[16]>

[14]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €32,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €36,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €41,000

20 per cent

the standard rate

The remainder

42 per cent

the higher rate

<[14]

<[16]

[18]>

[16]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €34,000

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €38,000

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €43,000

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

<[16]

<[18]

[20]>

[18]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €35,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €39,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €44,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

<[18]

<[20]

[22]>

[20]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €36,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €40,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €45,400

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

<[20]

<[22]

[27]>

[22]>

TABLE

PART 1

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €32,800

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 2

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €36,800

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

PART 3

Part of taxable income

Rate of tax

Description of rate

(1)

(2)

(3)

The first €41,800

20 per cent

the standard rate

The remainder

41 per cent

the higher rate

<[22]

<[27]

[29]>

[27]>

TABLE
PART 1

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €33,800

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 2

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €37,800

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 3

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €42,800

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

<[27]

<[29]

[31]>

[29]>

TABLE
PART 1

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €34,550

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 2

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €38,550

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 3

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €43,550

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

<[29]

<[31]

[31]>

“TABLE

PART 1

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €35,300

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 2

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €39,300

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

PART 3

Part of taxable income
(1)

Rate of tax
(2)

Description of rate
(3)

The first €44,300

20 per cent

the standard rate

The remainder

40 per cent

the higher rate

<[31]

[1]

[-] [+]

Substituted by FA98 s3. Applies as respects the year of assessment 1998-99 and subsequent years of assessment.

[2]

[-] [+]

Substituted by FA99 s3. Applies as respects the year of assessment 1999-2000 and subsequent years of assessment.

[3]

[-] [+]

Substituted by FA00 s3(a). Applies as respects the year of assessment 2000-2001 and subsequent years of assessment.

[4]

[-] [+]

Substituted by FA01 s3(a). Applies as respects the year of assessment 2001 and subsequent years of assessment.

[5]

[-] [+]

Substituted by FA01 s3(b)(i). Applies as respects the year of assessment 2001.

[6]

[-] [+]

Substituted by FA01 s3(b)(ii). Applies as respects the year of assessment 2001.

[7]

[-] [+]

Substituted by FA01 s3(c)(i). Applies as respects the year of assessment 2002 and subsequent years of assessment.

[8]

[-] [+]

Substituted by FA01 s3(c)(ii). Applies as respects the year of assessment 2002 and subsequent years of assessment.

[9]

[-] [+]

Substituted by FA02 s2(a). Applies as respects the year of assessment 2002 and subsequent years of assessment.

[10]

[-] [+]

Substituted by FA02 s2(b). Applies as respects the year of assessment 2002 and subsequent years of assessment.

[11]

[-] [+]

Substituted by FA05 s2(a). Applies as respects the year of assessment 2005 and subsequent years of assessment.

[12]

[-] [+]

Substituted by FA05 s2(b). Applies as respects the year of assessment 2005 and subsequent years of assessment.

[13]

[-] [+]

Substituted by FA06 s2(a). Applies as respects the year of assessment 2006 and subsequent years of assessment.

[14]

[-] [+]

Substituted by FA06 s2(b). Applies as respects the year of assessment 2006 and subsequent years of assessment.

[15]

[-] [+]

Substituted by FA07 s2(a). Applies as respects the year of assessment 2007 and subsequent years of assessment.

[16]

[-] [+]

Substituted by FA07 s2(b). Applies as respects the year of assessment 2007 and subsequent years of assessment.

[17]

[-] [+]

Substituted by FA08 s2(a). As respects the year of assessment 2008 and subsequent years of assessment.

[18]

[-] [+]

Substituted by FA08 s2(b). As respects the year of assessment 2008 and subsequent years of assessment.

[19]

[-] [+]

Substituted by F(No.2)A08 s4(a). Applies as respects the year of assessment 2009 and subsequent years of assessment.

[20]

[-] [+]

Substituted by F(No.2)A08 s4(b). Applies as respects the year of assessment 2009 and subsequent years of assessment.

[21]

[-] [+]

Substituted by FA11 s4(a). As respects the year of assessment 2011 and subsequent years of assessment.

[22]

[-] [+]

Substituted by FA11 s4(b). As respects the year of assessment 2011 and subsequent years of assessment.

[23]

[-] [+] [-] [+] [-] [+] [-] [+]

Substituted by F(No.3)A11 sched1(8).

[24]

[-] [+] [-] [+]

Substituted by F(No.3)A11 sched1(9).

[25]

[-] [+]

Substituted by F(No.2)A13 s7(1)(c). Applies for the year of assessment 2014 and subsequent years of assessment.

[26]

[-] [+]

Substituted by FA14 s3(a). Comes into operation on 1 January 2015.

[27]

[-] [+]

Substituted by FA14 s3(b). Comes into operation on 1 January 2015.

[28]

[-] [+]

Substituted by FA17 s3(a). Applies for the year of assessment 2018 and each subsequent year of assessment.

[29]

[-] [+]

Substituted by FA17 s3(b). Applies for the year of assessment 2018 and each subsequent year of assessment.

[30]

[-] [+]

Substituted by FA18 s3(a). Applies for the year of assessment 2019 and each subsequent year of assessment.

[31]

[-] [+]

Substituted by FA18 s3(b). Applies for the year of assessment 2019 and each subsequent year of assessment.