Rates and Allowances
Personal Tax Credits
The following chart gives details of the main personal tax credits for the tax years 2009 and 2010
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Details of personal tax credits for 2009/2010
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Personal Circumstances
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Tax Year 2009
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Tax Year 2010
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Single Person
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€1,830
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€1,830
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Married Person
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€3,660
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€3,660
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Widowed Person qualifying for One Parent Family Tax Credit
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€1,830
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€1,830
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Widowed Person without dependent children
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€2,430
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€2,430
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Widowed Person in year of bereavement
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€3,660
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€3,660
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One-Parent Family, Widowed, Deserted, Separated or Unmarried (with qualifying dependent children, see note 1)
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€1,830
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€1,830
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Widowed Parent Bereaved in 2009
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---
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€4,000
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Widowed Parent Bereaved in 2008
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€4,000
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€3,500
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Widowed Parent Bereaved in 2007
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€3,500
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€3,000
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Widowed Parent Bereaved in 2006
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€3,000
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€2,500
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Widowed Parent Bereaved in 2005
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€2,500
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€2,000
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Widowed Parent Bereaved in 2004
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€2,000
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---
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Home Carer (max.)
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€900
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€900
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PAYE Tax Credit
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€1,830
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€1,830
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Age Tax Credit if Single/Widowed
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€325
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€325
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Age Tax Credit if Married
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€650
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€650 |
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Incapacitated Child (See note 1)
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€3,660
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€3,660
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Dependent Relative (See note 1)
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€80
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€80
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Blind Tax Credit - Single
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€1,830
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€1,830
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Blind Tax Credit - One Spouse Blind
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€1,830
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€1,830
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Blind Tax Credit - Both Spouses Blind
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€3,660
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€3,660
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Blind Tax Credit- Additional Relief for Guide Dog
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€165
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€165
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Incapacitated Person - Allowance for Employing a Carer
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€50,000*max
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€50,000*max
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* Relief for Employing a Carer (2009 and 2010) are allowable at the individual's highest rate of tax, i.e. 20% or 41%.
Note 1
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Child or relatives income limits regarding tax credits
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The Child's/Relative's income limits
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Tax Year 2009
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Tax Year 2010
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One Parent Family Tax Credit
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0
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0
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Incapacitated Child Tax Credit
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0
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0
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Dependent Relative Tax Credit
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€13,837*
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€13,837*
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* In the case of Dependent Relative Tax Credit, if the relative's income exceeds the relevant limit no tax credit is due.
Exemption Limits
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Exemption limits for single/widowed, married and additional for dependent children in 2009 and 2010
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Personal Circumstances
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Tax Year 2009
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Tax Year 2010
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Single/ Widowed 65 years of age or over
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€20,000
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€20,000
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Married 65 years of age or over
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€40,000
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€40,000
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Single/Widowed/Married 65 years of age or over
Additional for 1st and 2nd dependent child |
€575
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€575
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Single/Widowed/Married 65 years of age or over
Additional for each subsequent dependent child |
€830
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€830
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Marginal Relief Tax Rate
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40%*
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40%*
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*Marginal Relief Tax Rate only applies to persons 65 years of age or over.
Tax Rates and Tax Bands
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Tax rates and bands applicable to your personal circumstance in tax year 2009 and tax year 2010
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Personal Circumstances
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Tax Year 2009
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Tax Year 2010
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Single / Widowed without dependent children
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€36,400 @ 20%, Balance @ 41%
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€36,400 @ 20%, Balance @ 41%
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Single / Widowed qualifying for One Parent Family Tax Credit
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€40,400 @ 20%, Balance @ 41%
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€40,400 @ 20%, Balance @ 41%
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Married Couple - one spouse with income
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€45,400 @ 20%, Balance @ 41%
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€45,400 @ 20%, Balance @ 41%
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Married Couple - both spouses with income
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€45,400 @ 20% (with an increase of €27,400 max), Balance @ 41%
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€45,400 @ 20% (with an increase of €27,400 max), Balance @ 41%
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Note: The increase in the standard rate tax band is restricted to the lower of €27,400 in 2009 and 2010 or the amount of the income of the spouse with the lower income. The increase is not transferable between spouses.
Income Levy - 2009 & 2010
This Income Levy is payable on gross income from all sources before any tax reliefs, capital allowances, losses or pension contributions.
The 2009 annual rates and thresholds of the income levy are as follows:
- 1.67%: Income up to €75,036 per annum
- 3%: Income between €75,037 and €100,100 per annum
- 3.33%: Income between €100,101 and €174,980 per annum
- 4.67%: Income between €174,981 and €250,120 per annum
- 5%: Income in excess of €250,120 per annum
Rates and thresholds: 1 January 2010 to 30 April 2010
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Applicable: 1 January 2010 to 30 April 2010
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Income Levy Thresholds
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Rate
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Income up to €100,100 per annum
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1%
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Income between €100,101 to €250,120 per annum
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2%
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Income in excess of €250,120 per annum
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3%
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Rates and thresholds: from 1 May 2010
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Applicable: 1 May 2010
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Income Levy Thresholds
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Rate
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Income up to €75,036 per annum
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2%
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Income from between €75,037 to €174,980 per annum
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4%
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Income above in excess of €174,980 per annum
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6%
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Exempt Categories - the levy does not apply:
- Where an individual’s income for a year does not exceed €15,028 per annum.
- For individuals aged 65 or over where their annual income does not exceed €20,000 per annum
- For Full Medical card holders
- Married couples, one or both of whom are aged 65 or over, whose combined income for the year does not exceed €40,000
- All Social Welfare payments.
