Tax Rates The Standard Rate remains at 20% and the Higher Rate is unchanged at 41% or 40% if Marginal Rate applies (the marginal rate is unchanged). The Sub-Contractor rate has changed it is now for sub contractors registered for tax with an established compliance record at 20%  and 35% for sub contractors not registered for tax. The Bands of Taxable Income for the Tax Year are as follows: Single/Widowed € 32,800 (€ 36,400) @ 20% (without dependent children) Balance @ 41% or 40% if Marginal Rate applies Single/Widowed € 36,800 (€ 40,400) @ 20% (One-Parent Family Tax Credit) Balance @ 41% or […]