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Budget 2013: Tax Facts & Figures

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Budget RATES/CREDITS 2013 Personal Tax Credits 2012 ��� Single persons 1,650 Married or in civil partnership 3,300 Additional one-parent family 1,650 PAYE 1,650 Age credit ��� Single 245 Age credit ��� Married 490 Home carer 810 Dependent relative tax credit 70 Rent relief Under age 55 single persons 240 Under age 55 married or in civil partnership 480 Over age 55 single persons 480 Over age 55 married or in civil partnership 960 Service charges (max) N/A Incapacitated child 3,300 Blind persons: Single 1,650 Married or in civil partnership (both blind) 3,300 Widowed additional credit 540 Widowed person bereaved in year of assessment 3,300 Widowed parent: 1st year after year of bereavement 3,600 2nd year after year of bereavement 3,150 3rd year after year of bereavement 2,700 4th year after year of bereavement 2,250 5th year after year of bereavement 1,800 Exemption limits ��� 65 ��� years and over Single/widowed/surviving civil partner 18,000 Married or in civil partnerships 36,000 Standard rate bands Single/widowed persons/surviving partner 32,800 Married couples, one income 41,800 Married couples, two incomes 65,600 One parent/widowed parent 36,800 Tax rates Standard rate 20% Top rate 41% PRSI Employee ceiling No limit Employee PRSI exemption ���127 per week Employee PRSI rate 4% Employer PRSI (higher rate) 10.75% Employer PRSI (lower rate) 01/01/11-01/07/11 N/A Employer PRSI (lower rate) 02/07/11-31/12/11 4.25% Self-employed ceiling No limit Self-employed - minimum contribution ���253 Self-employed PRSI rate 4% Universal Social Charge (USC) Exemption limit ���10,036 ���0 - ���10,036 2% ���10,037 - ���16,016 4% > ���16,016 7% Self-employed income > ���100,000 10% Aged 70 and over/medical card holders > ���60,000 4%/7% 2013 2013 ��� 1,650 3,300 1,650 1,650 245 490 810 70 200 400 400 800 N/A 3,300 1,650 3,300 540 3,300 3,600 3,150 2,700 2,250 1,800 18,000 36,000 32,800 41,800 65,600 36,800 20% 41% No limit No Exemption 4% 10.75% N/A 4.25% No limit ���500 4% ���10,036 2% 4% 7% 10% 7%/10%

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