Tax Brackets 2024 Ireland

Tax Brackets 2024 Ireland. Increased social welfare payments, tax cuts, further energy credits and business supports announced in budget 2024 will be welcomed by many households and firms. This means that the maximum standard rate band a couple can have is €84,000 (€51,000 + €33,000).

For instance, if your annual income is €45,000, the standard tax rate will apply for €42,000, while the remaining €3,000 will be taxed at 40%. A single income couple will have an effective tax rate of 7.7% at an income of €40,000, rising to 17.5% for an income of €60,000 and 34.4% for an income of €120,000.