INCOME TAX

2013

2014

Standard Rate Tax Band

Single/Widowed (without dependent children)

€32,800

€32,800

Single/Widowed (claimed One Parent Family Tax Credit)

€36,800

Abolished

Single/Widowed (claimed Single Person Child Carer Credit)

–

€36,800

Married Couple (one spouse with income)

€41,800

€41,800

Married Couple (both spouses with income)

€65,600

€65,600

Main Tax Credits

Single Person

€1,650

€1,650

Married Person

€3,300

€3,300

PAYE Credit

€1,650

€1,650

Widowed Person (without dependent children)

€2,190

€2,190

One Parent Family Credit

€1,650

Abolished

Single Person Child Carer Credit

–

€1,650

Home Carers’ allowance

€810

€810

Incapacitated Child Tax Credit Max

€3,300

€3,300

Rent Tax Credit (max)

Single – under 55/over 55

€200/€400

€160/€320

Married – under 55/over 55

€400/€800

€320/€640

UNIVERSAL SOCIAL CHARGE

2013

2014

Exemption limit

€10,036

€10,036

€0–€10,036

2%

2%

€10,036–€16,016

4%

4%

> €16,016

7%

7%

Self-employed > €100,000

10%

10%

PRSI RATES

2013

2014

Class A (Employees)

Employer

10.75%

10.75%

Employee

4%*

4%*

Employers PRSI is 4.25% (2013) or 8.5% (2014) on earnings of €356 per week or less

*Minimum Class S contribution equals €500.

STAMP DUTY

2013

2014

Non Residential Property

2%

2%

Residential

First €1m

1%

1%

Excess over €1m

2%

2%

Certain Stocks & Shares

1%

1%

Shares in ESM companies

exempt

LOCAL PROPERTY TAX

2013

2014

0.18% of market value up to €1m**

0.18% of market value up to €1m**

**Banding applies

0.25% of any excess over €1m**

0.25% of any excess over €1m**

VALUE ADDED TAX

2013

2014

Standard Rate/Reduced Rate

23%/13.5%

23%/13.5%

Hospitality

9%

9%