INCOME TAX

2014

2015

Standard Rate Tax Band

Single/Widowed (without dependent children)

€32,800

€33,800

Single/Widowed (claimed Single Person Child Carer Credit)

€36,800

€37,800

Married Couple (one spouse with income)

€41,800

€42,800

Married Couple (both spouses with income)

€65,600

€67,600

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

Single Person Child Carer Credit

€1,650

€1,650

Home Carers’ allowance (max)

€810

€810

Incapacitated Child Tax Credit (max)

€3,300

€3,300

Rent Tax Credit (max)

Single – under 55/over 55

€160/€320

€120/€240

Married – under 55/over 55

€320/€640

€240/€480

UNIVERSAL SOCIAL CHARGE

2014

2015

Exemption limit

€10,036

€12,012

€0–€10,036/€0–€12,012

2%

1.5%

€10,036–€16,016/€12,012–€17,576

4%

3.5%

>€16,016/€17,576–€70,044

7%

7%

>€70,044

8%

Self-employed > €100,000

10%

11%

*Income thresholds apply for individuals aged 70 years or over

PRSI RATES

2014

2015

Class A (Employees)

Employer

10.75%

10.75%

Employee

4%*

4%*

Employers PRSI is 8.5% on earnings of €356 per week or less

*Minimum Class S contribution equals €500.

STAMP DUTY

2014

2015

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

exempt

VALUE ADDED TAX

2014

2015

Standard Rate/Reduced Rate

23%/13.5%

23%/13.5%

Hospitality

9%

9%