The Revenue has introduced key changes for self-employed individuals in 2025.
Here’s what you need to know:
- The Earned Income Tax Credit has increased from €1,875 to €2,000, providing more relief for the self-employed.
- Self-employed individuals earning less than €5,000 remain exempt from PRSI. However, from 1 October 2025, the self-employed PRSI rate will rise from 4.1% to 4.2% (same as for employees).
- USC middle bands have been widened, reducing the burden on middle earners.
- The “Pay and File” deadline is 31 October (extended to 19th November via ROS or FastTax.ie). This covers preliminary tax for 2025, final tax for 2024, and the Form 11 submission.
Revenue has also increased scrutiny on self-employed taxpayers, with tighter enforcement of deadlines and record-keeping.
FastTax.ie can help you stay compliant, file on time, and maximise your tax credits.
