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Old 14th Nov 2014, 12:55
  #50 (permalink)  
FRogge
 
Join Date: Jul 2013
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Age: 37
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Nowadays only RYR contracts available for new commanders, so no self employment, thus normal employee tax rates.

At 20% (the standard rate):
  • the first €32,800, for individuals without dependent children
  • the first €36,800, for single or widowed persons qualifying for the One-Parent Family tax credit
  • the first €41,800, for married couples.
The balance of income is taxed at 41%

After this you still need to deduct social charges (USC) and social insurance (PRSI).

A LOAD OF TAXES!
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