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AVERAGE TAX RATES ON ANNUAL EARNINGS IN % TERMS*

 

FULL RATE PRSI

      SINGLE        
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 18.3% 16.0% 12.8% 8.7% 4.1% 1.8% 0.7% 0.0%
20,000 28.5% 25.8% 23.5% 19.1% 15.2% 13.8% 13.1% 11.9%
25,000 33.7% 31.2% 29.3% 24.0% 17.3% 16.2% 15.7% 14.7%
30,000 37.1% 34.8% 33.2% 28.4% 22.2% 19.3% 18.9% 18.1%
40,000 40.6% 38.4% 37.3% 33.3% 28.3% 26.4% 26.1% 25.5%
60,000 43.9% 41.8% 41.0% 37.7% 33.6% 32.4% 32.3% 32.0%
100,000 46.5% 44.4% 43.9% 41.1% 37.9% 37.1% 37.0% 36.9%

 

FULL RATE PRSI

  MARRIED ONE INCOME 2 CHILDREN      
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 4.8% 3.5% 2.2% 0.0% 0.0% 0.0% 0.0% 0.0%
20,000 20.7% 18.5% 14.7% 8.3% 4.7% 4.7% 4.7% 4.7%
25,000 23.1% 20.9% 17.9% 12.3% 8.7% 7.1% 6.5% 5.5%
30,000 24.6% 22.6% 20.0% 15.0% 11.6% 10.2% 9.8% 9.0%
40,000 29.2% 26.8% 24.3% 20.2% 16.6% 15.7% 15.5% 14.9%
60,000 36.3% 34.1% 32.3% 29.0% 25.9% 25.3% 25.1% 24.8%
100,000 42.0% 39.8% 38.7% 35.9% 33.2% 32.8% 32.8% 32.6%


FULL RATE PRSI

  MARRIED 2 INCOMES** 2 CHILDREN      
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 3.3% 1.9% 0.4% 0.0% 0.0% 0.0% 0.0% 0.0%
20,000 15.9% 13.5% 9.7% 6.1% 1.0% 0.0% 0.0% 0.0%
25,000 20.3% 18.0% 14.7% 11.0% 6.3% 4.1% 3.0% 1.5%
30,000 22.2% 20.0% 17.3% 14.6% 10.3% 8.5% 7.6% 6.0%
40,000 28.5% 25.8% 22.8% 17.5% 13.7% 12.3% 11.6% 10.4%
60,000 36.6% 34.2% 32.8% 28.0% 22.0% 19.3% 18.9% 18.1%
100,000 42.6% 40.4% 39.5% 35.9% 31.4% 29.9% 29.6% 29.2%
* Average Tax Rates: Total of Income Tax, Levies and PRSI as a proportion of gross income. This measure includes only the standard employee and personal income tax credits. It does not include the impact of any other allowances or reliefs or changes to benefits-in-kind.
** The Married Two-Incomes figures assume that the joint income is divided 65% and 35% between spouses

 

MODIFIED RATE PRSI      

SINGLE

       
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 16.6% 14.8% 11.6% 8.7% 4.1% 1.8% 0.7% 0.0%
20,000 26.0% 23.6% 21.4% 16.9% 13.3% 11.9% 11.2% 10.0%
25,000 31.0% 28.7% 26.9% 21.5% 15.2% 14.1% 13.6% 12.6%
30,000 34.4% 32.1% 30.5% 25.7% 19.9% 17.1% 16.6% 15.8%
40,000 38.3% 36.2% 35.0% 30.9% 26.1% 24.0% 23.7% 23.0%
60,000 42.3% 40.2% 39.3% 35.9% 32.0% 30.7% 30.5% 30.1%
100,000 45.5% 43.4% 42.8% 40.0% 36.8% 36.0% 35.9% 35.7%

 

MODIFIED RATE PRSI

 

MARRIED ONE INCOME 2 CHILDREN

     
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 3.1% 2.3% 0.9% 0.0% 0.0% 0.0% 0.0% 0.0%
20,000 18.2% 16.3% 12.5% 6.1% 2.8% 2.8% 2.8% 2.8%
25,000 20.4% 18.5% 15.4% 9.9% 6.6% 5.0% 4.4% 3.5%
30,000 21.8% 19.9% 17.3% 12.4% 9.3% 8.0% 7.5% 6.7%
40,000 27.0% 24.6% 22.0% 17.8% 14.4% 13.3% 13.0% 12.4%
60,000 34.8% 32.5% 30.7% 27.2% 24.3% 23.6% 23.3% 23.0%
100,000 41.0% 38.8% 37.6% 34.7% 32.2% 31.8% 31.6% 31.4%

 

MODIFIED RATE PRSI

 

MARRIED 2 INCOMES** 2 CHILDREN

     
€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 3.0% 2.2% 0.7% 0.0% 0.0% 0.0% 0.0% 0.0%
20,000 14.6% 12.7% 8.9% 6.1% 1.0% 0.0% 0.0% 0.0%
25,000 18.5% 16.6% 13.4% 9.8% 5.3% 3.1% 2.0% 0.5%
30,000 20.1% 18.3% 15.6% 13.2% 9.2% 7.3% 6.4% 4.8%
40,000 26.0% 23.6% 20.7% 15.9% 12.3% 11.0% 10.3% 9.1%
60,000 34.2% 32.0% 30.4% 25.6% 19.8% 17.1% 16.6% 15.8%
100,000 40.7% 38.6% 37.6% 33.9% 29.6% 28.0% 27.7% 27.2%
* Average Tax Rates: Total of Income Tax, Levies and PRSI as a proportion of gross income. This measure includes only the standard employee and personal income tax credits. It does not include the impact of any other allowances or reliefs or changes to benefits-in-kind.
** The Married Two-Incomes figures assume that the joint income is divided 65% and 35% between spouses

 

 

SELF-EMPLOYED

SINGLE

€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 22.5% 20.5% 17.8% 15.5% 11.4% 10.3% 10.3% 10.3%
20,000 32.3% 34.5% 26.7% 22.1% 18.0% 17.4% 17.4% 17.4%
25,000 36.9% 34.5% 32.0% 26.5% 19.4% 18.9% 18.9% 18.9%
30,000 39.8% 37.6% 35.5% 30.6% 23.7% 21.4% 21.4% 21.4%
40,000 42.4% 40.3% 38.9% 34.9% 29.5% 27.8% 27.8% 27.8%
60,000 45.0% 43.0% 41.9% 38.6% 35.4% 34.2% 34.2% 34.2%
100,000 47.1% 45.1% 44.4% 41.6% 40.0% 39.3% 39.3% 39.3%


SELF-EMPLOYED

MARRIED ONE INCOME 2 CHILDREN

€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 6.8% 5.9% 5.9% 4.5% 3.0% 3.0% 3.0% 3.0%
20,000 23.4% 21.3% 17.9% 11.4% 7.2% 6.0% 6.0% 6.0%
25,000 25.3% 23.3% 20.5% 14.9% 10.8% 9.8% 9.8% 9.8%
30,000 26.6% 24.6% 22.3% 17.2% 13.2% 12.3% 12.3% 12.3%
40,000 31.1% 28.8% 25.9% 21.8% 17.9% 17.1% 17.1% 17.1%
60,000 37.5% 35.3% 33.3% 29.9% 27.6% 27.1% 27.1% 27.1%
100,000 42.6% 40.5% 39.2% 36.3% 35.3% 35.1% 35.1% 35.1%

 

SELF-EMPLOYED

MARRIED 2 INCOMES** 2 CHILDREN

€ 1997 1998 1999 2000 2001 2002 2003 2004
12,000 7.7% 6.5% 6.5% 5.1% 4.2% 4.2% 4.2% 4.2%
20,000 20.8% 18.7% 15.5% 13.2% 9.3% 8.0% 8.0% 8.0%
25,000 24.3% 22.3% 19.5% 16.0% 11.8% 10.8% 10.8% 10.8%
30,000 25.6% 23.6% 21.3% 19.1% 15.0% 14.2% 14.2% 14.2%
40,000 32.3% 29.8% 26.0% 21.4% 17.3% 16.7% 16.7% 16.7%
60,000 39.1% 36.9% 34.9% 30.1% 23.7% 21.4% 21.4% 21.4%
100,000 44.0% 41.9% 40.7% 37.1% 33.0% 31.6% 31.6% 31.6%
* Average Tax Rates: Total of Income Tax, Levies and PRSI as a proportion of gross income. This measure includes only the standard employee and personal income tax credits. It does not include the impact of any other allowances or reliefs or changes to benefits-in-kind.
** The Married Two-Incomes figures assume that the joint income is divided 65% and 35% between spouses


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