Posted on 26th February 2016 by Accountant
Numbers in tables relate to calculations for 2016.
Irish single self-employed person who is not having any children
| Numbers are in Euro | |||
| Gross salary | Income tax/PRSI/USC deductions | Net salary | % Taxation |
|---|---|---|---|
| 13,000 | -1,070 | 11,930 | 8% |
| 15,000 | -1,610 | 13,390 | 11% |
| 20,000 | -2,993 | 17,007 | 15% |
| 25,000 | -4,468 | 20,532 | 18% |
| 35,000 | -7,658 | 27,342 | 22% |
| 45,000 | -12,608 | 32,392 | 28% |
| 55,000 | -17,558 | 37,442 | 32% |
Irish married self-employed person, he and his wife have only one income and no children
| Numbers are in Euro | |||
| Gross salary | Income tax/PRSI/USC deductions | Net salary | % Taxation |
|---|---|---|---|
| 13,000 | -670 | 12,330 | 5% |
| 15,000 | -810 | 14,190 | 5% |
| 20,000 | -1,343 | 18,657 | 7% |
| 25,000 | -2,818 | 22,182 | 11% |
| 35,000 | -5,768 | 29,232 | 16% |
| 45,000 | -9,158 | 35,842 | 20% |
| 55,000 | -14,108 | 40,892 | 26% |
Irish married self-employed person, he and his wife have only one income and two children
| Numbers are in Euro | |||
| Gross salary | Income tax/PRSI/USC deductions | Net salary | % Taxation |
|---|---|---|---|
| 13,000 | -670 | 12,330 | 5% |
| 15,000 | -810 | 14,190 | 5% |
| 20,000 | -1,193 | 18,807 | 6% |
| 25,000 | -1,818 | 23,182 | 7% |
| 35,000 | -4,768 | 30,232 | 14% |
| 45,000 | -8,158 | 36,842 | 18% |
| 55,000 | -13,108 | 41,892 | 24% |
Average percentage taxation of self-employed persons
| Single person | ||
| Gross income | 2015 | 2016 |
|---|---|---|
| 15,000 | 15% | 11% |
| 20,000 | 19% | 15% |
| 25,000 | 21% | 18% |
| 30,000 | 23% | 20% |
| 40,000 | 28% | 25% |
| 60,000 | 36% | 33% |
| Married person | ||
| Gross income | 2015 | 2016 |
|---|---|---|
| 15,000 | 6% | 5% |
| 20,000 | 7% | 6% |
| 25,000 | 11% | 7% |
| 30,000 | 14% | 11% |
| 40,000 | 19% | 16% |
| 60,000 | 29% | 26% |