In addition to your personal tax credits there are various tax credits, allowances and reliefs available to be claimed and we list each of these below:
|
Tax Year |
|
2024 |
2025 |
||||
|
Single Person |
1,875 |
2,000 |
|||||
|
Married Person |
3,750 |
4,000 |
|||||
|
Widowed / surviving civil partner with no dependant child |
2,415 | 2,540 | |||||
|
Widowed / surviving civil partner bereaved in the year |
3,750 |
4,000 |
|||||
|
Widowed / surviving civil partner with dependant child – first year after bereavement (a reducing credit is available in following years) |
3,600 |
3,600 |
|||||
|
Single parent child carer credit |
1,750 | 1,900 | |||||
| Home Carer’s Tax Credit (max) | 1,750 | 1,900 | |||||
|
Earned Income Credit |
1,875 |
2,000 |
|||||
|
PAYE Tax Credit |
1,875 |
2,000 |
|||||
|
Additional Tax Credit for Age 65 Plus |
|||||||
|
Single/Widowed |
245 |
245 |
|||||
|
Married |
490 |
490 |
|||||
|
Blind Person’s Tax Credit |
|||||||
|
One spouse blind |
1,650 |
1,900 |
|||||
|
Both spouses blind |
3,330 |
3,900 |
|||||
|
Additional Allowance for Guide Dog |
825 |
825 |
|||||
|
Incapacitated child credit |
3,500 | 3,800 | |||||
|
Allowance for Employing a Carer |
75,000 |
75,000 |
The tax rate on your income starts at 20% and then increases to 40% when your income exceeds a certain level ( tax rate band) as listed in the table below.
|
Tax Year |
2024 |
2025 |
|||||
|
Up to Threshold Amount |
Standard Rate |
20% |
20% |
||||
|
Income Over Threshold |
Upper Rate |
40% |
40% |
||||
|
Single/Widowed Persons |
Threshold |
42,000 |
44,000 |
||||
|
Single Parents Single/Widowed with Dependent Children |
Threshold |
44,000 |
46,000 |
||||
|
Married Couple with One Income |
Threshold |
51,000 |
53,000 | ||||
|
Married Couple with Two Incomes |
Threshold |
*84,000 |
*88,000 |
*Note: The extra amount taxable at the 20% is to a maximum of €35,000 or the income of the lower earner. (€33,000 for 2024).
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