Income Tax levels in Ireland are amongst the lowest in the world!
Tax on income is deducted directly from your salary. This is known as Pay
As You Earn (PAYE).
The amount of tax that you have to pay depends on the amount of the income
that you earn and on your personal circumstances.
- The first part of your income, up to a certain amount, is taxed at 20%
- The remainder of your income is taxed at the higher rate of tax, 41%.
If you want to use a tax calculator, have a look on
http://karlgrabe.com/TaxCalc/TaxCalc.html
You can contact the Irish
Revenue to get more details about you tax in your salary.
PRSI
As soon as you get you PPS number and you has find a job, you will be able
to benefits of the irish social and pension system. You will paid a tax named
« PRSI » (Pay Related Social Insurance).
For the 2006 tax year, this consisted of 4% payable on annual earnings up to
€46600 and a 2% Health Contribution.
The social insurance payments include:
- Jobseeker's Benefit
- Illness Benefit
- Maternity Benefit
- Adoptive Benefit
- Health and Safety Benefit
- Invalidity Pension
- Widow's/Widower's Contributory Pension
- State Pension
- Carer's Benefit
All details are avalaible on http://www.citizensinformation.ie