Updated on 15 April 2022
| Personal Tax Credits | 2022 € |
2021 € |
|---|---|---|
| Single Person | 1,700 | 1,650 |
| Married Person | 3,400 | 3,300 |
| Employee PAYE Tax Credit | 1,700 | 1,650 |
| Earned Income Tax Credit (max) | 1,700 | 1,650 |
| Single Person Child Carer Credit | 1,650 | 1,650 |
| Age Tax Credit – Single | 245 | 245 |
| Age Tax Credit – Married | 490 | 490 |
| Home Carer Tax Credit | 1,600 | 1,600 |
Notes
Married Person
Means Married Person or Civil Partnership.
Employee PAYE Tax Credit
This tax credit is for all employees receiving wages or benefit in kind. It is also for people receiving occupational pensions or taxable social welfare payments like Illness Benefit, Jobseeker’s Benefit, State Pension, Maternity Benefit etc.
If a social welfare payment is your only source of income, you may not pay tax, because your tax liability does not exceed your tax credits. For example PAYE tax credit will cover social payment up to €8,500 value per year.
Earned Income Tax Credit
Generally for all self-employed who are basically not getting PAYE tax credit.
Age Tax Credit
For any person who is aged 65 or over.
Home Carer Tax Credit
Generally for couples where husband is working and his wife is taking care for child/ren. If his wife is working part-time, her income needs to be less than €7,200 per year for her husband to get full Home carer tax credit.