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Republic of Ireland
Dublin
4.83 million
Euro
.ie
+353
Euro
Filing status |
2020 (EUR) |
|
Tax at 20% |
Tax at 40% |
|
Single and widowed person: no dependent children |
Income up to 35,300 |
Balance of income over 35,300 |
Married couple: one income |
Income up to 44,300 |
Balance of income over 44,300 |
Married couple: two incomes (of at least €26,300 each) |
Income up to 70,600 |
Balance of income over 70,600 |
Credits |
Amount (EUR) |
Married persons/civil partners (jointly assessed) |
3300 |
Single person |
1650 |
Widowed person/surviving civil partner |
2190 |
Widowed person/surviving civil partner in year of bereavement |
3600 |
Pay-As-You-Earn (PAYE) allowance (if salary is subject to tax at source) |
1650 |
Allowance at top rate |
Amount |
Pension contributions to approved schemes (a)(b) |
Varies from 15% to 40% of earnings, depending on age of individual |
Employment and Investment Incentive |
EUR150,000 |
Start-up relief for entrepreneurs |
EUR100,000 plus a carryback of EUR100,000 against each of the preceding six years |
Employee Approved Profit Sharing Scheme |
EUR12,700 |
Type of Visa/ Permit |
Documentation |
Validity |
Eligibility |
Critical Skills Employment Permit |
|
2 years |
|
General Employment Permit |
|
6 months to 2 years Maximum 5 years |
|
Intra-Company Transfer Permit |
|
6 months to 2 years |
|
VAT Rates |
|
Standard Rate |
23% |
Reduced Rate |
13.5% |
Reduced Rate |
9% |
Reduced Rate |
4.8% |
Reduced Rate |
0% |
Withholding Tax |
|
Dividends |
20% |
Interest |
20% |
Royalties |
20% |
Statutory Benefits |
Probationary Period |
Annual Leave |
Public Holidays |
Sick Leave |
Maternity leave |
Paternity Leave |
Severance Pay |
Notice Period |
Social Security Benefits |
Christmas Bonus% |
|
Christmas Bonus Over Vacations % |
0% |
Severance per Year % |
Employees are entitled to severance pay that equals two weeks of pay after one year of service (2.74% of annual salary) |
Vacations % | Employees are normally entitled to 20 days of annual holiday leave each year in addition tospublic holidays (5.49% of annual salary) |
Notice % |
Employees are entitled to 1 week of notice after one year of service (1.37% of annual salary) |
Christmas Bonus Over Notifications% | 0% |
Vacations Plus% | 0% |
Total percentage of Salary (yearly) | The total employment accruals as a percentage of salary per anum are equal to 9.6% |
PRSI | 11.05% |
Maternity | 26weeks paid |
Vacations | 7.95% |
Description | Employer PRSI contributions are uncapped and levied at a rate of 11.05 percent on all taxable employment income including benefits-in-kind (but excluding certain share related benefits). In the case of a foreign employee resident but not domiciled in Ireland and not covered by a reciprocal social security agreement, the employee PRSI contribution is payable at 4 percent on all employment income whether or not remitted to Ireland.
|
Employment Accruals | ||
Annual Leave | Employees are normally entitled to 20 days of annual holiday leave each year in addition to public holidays. | This equals 5.47% (20/365 days) of annual income |
Maternity Leave | Female employees are entitled to 26 weeks of maternity leave and 16 weeks of additional, unpaid maternity leave to begin immediately after the end of maternity leave. |
This equals 50% (26/52 weeks) of annual income |
Paternity Leave | Fathers are entitled to 2 weeks of paid paternity leave | This equals 3.84% (2/52 weeks) fo annual income |
Sick Leave | Most employment contracts have a maximum period of sick pay entitlement in a specific period, i.e. one month’s sick pay in any 12-month period. | This equals 8.33% (1/12 months) of annual income |
Severance | Employees made redundant are entitled to two weeks' gross pay for each year of service, plus one week's wages. The payment calculation is subject to a ceiling of €600 per week. |
This equals 5.76% (3/52 weeks) of annual income |
Social Security | Ireland imposes payroll taxes for Pay Related Social Insurance (PRSI) on all employment income, including most benefits. Employer's contribution rate is 11.05% | This equals 11.05% of annual income |