• Single Person: €2,000
• Married Person/Civil Partnership: €4,000
• Employee Tax Credit (formerly PAYE Tax Credit): €2,000
• Earned Income tax credit (max): €2,000
• Widowed Person/Surviving Civil Partner qualifying for Single Person Child Carer Tax Credit: €1,900
• Widowed Person/Surviving Civil Partner without qualifying dependent children: €2,540
• Widowed Person/Surviving Civil Partner in year of bereavement: €4,000 
• Single Person Child Carer Tax Credit, Widowed/Surviving Civil Partner, Deserted, Separated or Unmarried (with qualifying dependent children):    €1,900
• Home Carer (max.): €1,950    
• Age Tax Credit if Single / Widowed/ Surviving Civil Partner: €245           
• Age Tax Credit if Married / Civil Partnership: €490           
• Incapacitated Child Credit: €3,800    
• Dependent Relative: €305                
• Incapacitated Person – Allowance For Employing a Carer: €75,000* max
• Fishermen’s credit: €1,270
• Sea-going naval personnel credit: €1,500 
• Rent tax credit**: €2,000 (jointly assessed married person / civil partner), or €1,000 (all other cases) 
• Small benefit exemption: €1,500 (max, over an aggregate of no more than five gifts)

*Relief is allowable at the individual’s highest rate of tax, i.e. 20% or 40%.  Where this relief is claimed, the incapacitated child tax credit or the dependent relative tax credit, as appropriate, cannot be claimed.

**Applies to parents paying for children’s ‘rent a room’/’digs’ type accommodation.

Tax relief, which is given at source, on health insurance premium is limited to €1,000 per adult policy and €500 per child policy. With respect to policies entered into or renewed on or after 1 May 2015, the €1,000 ceiling will apply to all adults aged 21 and older, regardless of the fact that they may be availing of a “child-rate” premium offered by the insurer.

An income tax deduction amounting to 30% of the cost of vouched expenses for electricity, heating and internet services for days spent working from home (apportioned based on the number of days worked from home over the year) can be claimed by remote workers.  Employers may also pay remote workers up to €3.20 per day to cover the costs of working from home without deducting income tax, universal social charge (USC) or pay-related social insurance (PRSI).

Landlords temporary tax relief

A relief for qualifying small landlords whereby rental income of €3,000 (2024), €4,000 (2025), and €5,000 (2026/27) is disregarded at the standard 20% rate, subject to clawback provisions.

Mortgage interest relief

Temporary tax credit for LPT compliant taxpayers with an outstanding mortgage balance on their principal private residence (PPR) of between €80,000 and €500,000 as of 31 December 2022. Relief available at the standard rate of income tax on the increase in interest paid in the relevant year (from 2023) over the interest paid in 2022, capped at €6,250 (tax credit of €1,250) per residence.  There will be a reduced level of relief for 2026 and a maximum tax credit of €625 per property for that year.

Income tax rates and bands

Child minder’s exemption

Full exemption on income up to €15,000: if income exceeds €15,000, entire amount is taxable.

Domicile Levy

Irish domiciled individuals whose worldwide income exceeds €1m, whose Irish-located property is greater than €5m and whose liability to Irish income tax is less than €200,000 will be subject to a levy of €200,000.  Irish income tax paid will be credited against the levy.   

Rent a room scheme

Gross annual rental income up to €14,000 is exempt: if income exceeds €14,000, entire amount is taxable.

Help To Buy Scheme

The maximum rebate of previous 4 years’ income tax and DIRT for First Time Buyers of newly-built houses/apartments is the lower of 10% of purchase price (or the completion value in the case of a self-build) up to value of €500,000, and provided the house is valued at less than €500,000, or  €30,000 or the amount of income tax/DIRT paid in the four years. To be eligible for the scheme, the first-time buyer must have signed the contract on or after 19 July 2016 and on or before 31 December 2029. Alternatively, in the case of a self-build, the first tranche of the mortgage loan must be drawn down between those dates. From 11 October 2023, the scheme includes properties purchased through the Local Authority Affordable Purchase (LAAP) scheme.