Tax Credits

Revenue – Employer Copy of Tax Credit Certificate

Employer’s copy of  employees Tax Credit Certificates (P2Cs) will issue through the Revenue On-Line Service by the 15, December 2010. For Employers/Agents not registered for ROS, these certificates will be sent by post during the week commencing 13 December 2010.
By |December 15th, 2010|Revenue, Tax Credits|Comments Off on Revenue – Employer Copy of Tax Credit Certificate

Budget 2011 – PAYE Tax Credits and Bands

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 […]
By |December 7th, 2010|Budget 2011. PAYE, Tax Bands, Tax Credits|Comments Off on Budget 2011 – PAYE Tax Credits and Bands