NOTE: This calculator is designed for illustrative purposes only. The results should in no way be viewed as definitive for personal tax purposes for your individual tax payment.
- An increase of €2,000 in the income tax standard rate band cut-off point for all earners:
- Single, widowed or surviving civil partner from €40,000 to €42,000;
- Single, widowed or surviving civil partners, qualifying for the Single Person Child Carer Credit from €44,000 to €46,000;
- Married couples or civil partners (one income) from €49,000 to €51,000;
- Married couples or civil partners (two incomes) from €49,000 to €51,000 (with an increase of €33,000 max).
- An increase of €100 in the Personal Tax Credit from €1,775 to €1,875.
- An increase of €100 in the Employee Tax Credit from €1,775 to €1,875.
- An increase of €100 in the Earned Income Credit from €1,775 to €1,875.
- An increase of €100 in the Home Carer Tax Credit from €1,700 to €1,800.
- An increase of €100 in the Single Person Child Carer Tax Credit from €1,650 to €1,750.
- An increase of €200 in the Incapacitated Child Tax Credit from €3,300 to €3,500.
- An increase in the ceiling for the 2% rate of USC of €2,840 from €22,920 to €25,760.
- A reduction the 4.5% rate of USC by 0.5% to 4.0%. This rate applies to income between €25,761 and €70,044.
- An increase of €250 in the Rent Tax Credit from €500 to €750
See Budget 2024 Tax Policy Changes for all details.