Ireland
Individual - Sample personal income tax calculation
Last reviewed - 28 June 2022
2022 sample income tax computation
Single assessment:
Income |
|
Self (EUR) |
Employment - Subject to PAYE tax |
|
50,000.00 |
Employment benefits in kind - Medical insurance |
|
1,500.00 |
|
Total income |
|
51,500.00 |
Taxable income on which income tax is charged as follows: |
|
51,500.00 |
EUR 36,800 @ 20% |
7,360.00 |
|
EUR 14,700 @ 40% |
5,880.00 |
|
Total income tax |
|
13,240.00 |
|
Less credits/reliefs set against tax on income: |
Single person credit |
1,700.00 |
|
PAYE credit |
1,700.00 |
|
Medical insurance credit |
200.00 |
|
|
|
(3,600.00) |
|
Net tax due: |
|
9,640.00 |
|
PRSI: 51,500.00 @ 4% |
|
2,060.00 |
|
USC: |
|
|
12,012 @ 0.5% |
60.06 |
|
9,283 @ 2% |
185.66 |
|
30,205 @ 4.50% |
1,359.23 |
|
|
|
1,604.95 |
Total liability |
|
13,304.95 |