What are the Irish income tax rates?

20% on income up to the Standard Rate Cut-Off Point (SRCOP): 42,000 EUR (single, 2024); 51,000 EUR (married one income); up to 84,000 EUR (married two incomes). 40% on income above SRCOP.

How is USC (Universal Social Charge) calculated?

0.5% on first 12,012 EUR; 2% from 12,012 to 25,760 EUR; 4% from 25,760 to 70,044 EUR; 8% above 70,044 EUR. Medical card holders (income under 60,000 EUR): maximum 2% rate.

What are Irish tax credits?

Personal Tax Credit: 1,875 EUR; PAYE Employee Credit: 1,875 EUR; Home Carer Credit: 1,800 EUR; Blind Person Credit: 1,650 EUR. Credits are subtracted directly from tax liability (not income).

What PRSI does an employee pay?

PRSI (Pay Related Social Insurance): Class A1 employees pay 4% on all earnings. Increased to 4.1% from October 2024. Employer pays 11.05% (11.15% from October 2024).

How is the Irish marginal rate calculated?

At 40%+ income: 40% income tax + 8% USC + 4.1% PRSI = 52.1% marginal rate for most PAYE workers. Self-employed at the top rate pay an additional 3% USC surcharge (11% USC on top).

Ireland Income Tax and USC Calculator 2024

Calculate Irish income tax (20%/40% rates), Universal Social Charge (USC 0.5-8%), and PRSI (4% employee). Tax credits: 1,875 EUR personal, 1,875 EUR PAYE credit. Effective marginal rate up to 52%.

Principal ($)

Annual Rate (%)

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Compounding / Year

$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.

How to Use

Enter the values for the scenario you are assessing. Calculate Irish income tax (20%/40% rates), Universal Social Charge (USC 0.5-8%), and PRSI (4% employee). Tax credits: 1,875 EUR personal, 1,875 EUR PAYE credit. Effective marginal rate up to 52%. Use the ireland income tax usc result to inform your calculation.

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Frequently Asked Questions

What are the Irish income tax rates?

How is USC (Universal Social Charge) calculated?

What are Irish tax credits?

What PRSI does an employee pay?

How is the Irish marginal rate calculated?