INCOME TAX

2010

2011

Standard Rate Tax Band

Single/Widowed (without dependent children)

36,400

32,800

Single/Widowed (qualifying for one parent family tax credit)

40,400

36,800

Married Couple (one spouse with income)

45,400

41,800

Married Couple (both spouses with income)*

72,800

65,600

Main Tax Credits

Single Person

1,830

1,650

Married Person

3,660

3,300

PAYE Credit

1,830

1,650

Widowed Person (without dependant children)

2,430

2,190

One Parent Family Credit

1,830

1,650

Home Carers’ allowance

900

810

Incapacitated Child Tax Credit Max

3,660

3,300

Rent Tax Relief (allowed at 20% rate band)

Max €

Max €

Single – under 55/55 and over

2,000/4,000

1,600/3,200*

Married/Widowed – under 55/55 and over 

4,000/8,000

3,200/6,400*

*Only for claimants renting before 7 December 2010

STAMP DUTY

2010

2011

Commercial

Over €80,000 (Lower rates apply where consideration is less than €80,000)

6%

6%

Residential 2010 only

FTB

Owc/Occ

Up to €125,000

Exempt

Exempt

Next €875,000

Exempt

7%

Balance

Exempt

9%

Residential 2011 only

First €1m

1%

Excess over €1m

2%

These new rates apply to instruments executed on or after 8 Dec 2010. Transitional arrangements apply.

INCOME LEVY 2010 ONLY

Up to €75,036

2%

Between €75,037 and €174,980

4%

In excess of €174,980

6%

UNIVERSAL SOCIAL CHARGE 2011 ONLY

Persons under the age of 70

First €10,036

2%

€10,036.01 to €16,016

4%

Above €16,016

7%

Exempt from charge where total income for a year does not exceed €4,004

Persons over 70 years pay at 4% on all income over e10,036.01

There is a surcharge of 3% on individuals who have income from self-employment that exceeds €100,000 in a year, regardless of age.