The current tax rates are:

Standard rate (20%)*

Higher rate (40%)

Standard rate* bands are:

  • 2017
  • In the case of an individual
  • In the case of a one parent family
  • In the case of a married couple**
  • 2017
  • €33,800
  • €37,800
  • €42,800
  • 2018
  • €34,550
  • €38,550
  • €43,550

In the case of a dual income married couple, the above rate band** may be increased by the lower of:

  • 2017 €24,800, 2018 €25,550 max and
  • the income of the second spouse.

The maximum standard rate band a dual income married couple may have is 2017 €67,600 and 2018 €69,100.

However, the maximum part of the standard rate band that may be transferred between the partners of a dual income married couple in a tax year is €42,800 / €43,550.

Any income over and above the standard rate band is taxed at the higher rate.