[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-159746-105":3,"detail-sidebar-cat-0-en-105":81,"doc-detail-159746-en":131},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","taxation-ireland-tx-irl-f6-june-and-december-2018-tax-reference-material","Taxation – Ireland (TX-IRL) (F6) -JUNE AND DECEMBER 2018 -TAX REFERENCE MATERIAL","","Taxation – Ireland (TX-IRL) (F6) June and December 2018 provides consolidated tax reference material based on the Finance Act 2016. It lists income tax rates and tax credits for different family and eligibility categories, including rent allowance and age-related credits. It also summarizes PRSI and Universal Social Charge (USC) thresholds, exemptions, retirement annuity tax treatment, corporation tax rates, VAT registration limits and rates, capital gains tax, and key writing-down allowances for various asset types, including motor-car carbon-emission categories and associated capital allowance rules.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/exam/","Exam",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/taxation-ireland-tx-irl-f6-june-and-december-2018-tax-reference-material/159746/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/taxation-ireland-tx-irl-f6-june-and-december-2018-tax-reference-material/159746.png","ImageObject",300,407,{"name":42,"@type":43},"Emma Wilson","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-22","2026-08-29",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",11,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What income tax rates and credits apply under TX-IRL for different taxpayer categories?","Question",{"text":63,"@type":64},"The reference lists income tax rate bands at 20% with balances taxed at 40%, alongside tax credits for single, married/civil partnership, widowed/surviving partner, and specific eligibility cases such as home carer and child carer credits.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How are PRSI and USC calculated, and what key thresholds or special surcharges apply?",{"text":68,"@type":64},"It provides PRSI rates for self-employed (Class S), employees (Class A1 and K), and employer PRSI for relevant employees. It also specifies USC percentages across income bands and notes a 3% surcharge on certain non-PAYE income above €100,000, plus a reduced maximum rate rule for eligible taxpayers aged 70+ or with a medical card.",{"name":70,"@type":61,"acceptedAnswer":71},"Which indirect taxes and investment taxes are included, and what are the main rates/exemptions shown?",{"text":72,"@type":64},"The material includes corporation tax (standard and higher rates), VAT registration limits and rates (standard, reduced, and second reduced), and capital gains tax with the main rate and annual exemption. It also includes entrepreneur relief parameters and key writing-down allowances for different classes of expenditure and assets.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},159746,1788022148,{"code":4,"msg":82,"data":83},"success",[84,88,92,95,100,105,110,115,120,123,127],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":89,"show_sort_weight":90,"slug":91},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":93,"slug":94},70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":112,"show_sort_weight":113,"slug":114},8,"Research & Report",30,"research-report",{"id":116,"doc_module":4,"doc_module_name":25,"category_name":117,"show_sort_weight":118,"slug":119},9,"Religion & Spirituality",20,"religion-spirituality",{"id":118,"doc_module":4,"doc_module_name":25,"category_name":121,"show_sort_weight":118,"slug":122},"World Cup","world-cup",{"id":124,"doc_module":4,"doc_module_name":25,"category_name":125,"show_sort_weight":124,"slug":126},10,"Lifestyle","lifestyle",{"id":128,"doc_module":4,"doc_module_name":25,"category_name":129,"show_sort_weight":96,"slug":130},19,"General","general",{"code":4,"msg":82,"data":132},{"doc_id":79,"user_id":133,"nickname":42,"user_avatar":134,"doc_module":4,"category_id":33,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":101,"language":140,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":12,"update_tm":80,"read_time":144},3848291630094,"https://eur-avatar.wpscdn.com/davatar_085a072bc5b1113ac321206ff7593b45","Taxation – Ireland (TX-IRL) (F6) -JUNE AND DECEMBER 2018  \nTAX REFERENCE MATERIAL  \nThe following rates, credits, formulae and allowances are based on the Finance Act 2016 and are to be used for all questions in this paper.  \nIncome tax rates  \nTax  \n€  \nSingle/widow(er)/surviving civil partner without qualifying children  \n€33,800 at 20% 6,760  \nBalance at 40%  \nMarried or in a civil partnership (one income)  \n€42,800 at 20% 8,560  \nBalance at 40%  \nMarried or in a civil partnership (dual income)  \n€42,800 at 20% 8,560  \n€24,800 at 20% 4,960  \nBalance at 40%  \nSingle/widow(er)/surviving civil partner qualifying for single person child carer credit  \n€37,800 at 20% 7,560  \nBalance at 40%  \nTax credits  \n€  \nSingle person’s credit 1,650  \nMarried person’s/civil partner’s credit 3,300  \nWidowed person/surviving civil partner  \n-in year of bereavement 3,300  \n-without dependent children 2,190  \n-with dependent children 1,650 Widowed person/surviving civil partner with dependent children  \n-first year after bereavement 3,600  \n-second year after bereavement 3,150  \n-third year after bereavement 2,700  \n-fourth year after bereavement 2,250  \n-fifth year after bereavement 1,800 Home carer credit (maximum) 1,100 Single person child carer credit 1,650 Incapacitated child credit 3,300 Dependent relative credit 70 Age credit – single/widowed/surviving civil partner 245  \n– married or in a civil partnership 490 Employee/PAYE credit 1,650 Earned income tax credit 950 Rent allowance credit  \nRent limit  \n€  \n– single aged under 55 200 40  \n- married/widowed/in a civil partnership/survivor  \nof a civil partnership aged under 55 400 80  \n– single aged 55 and over 400 80  \n– married/widowed/in a civil partnership/survivor  \nof a civil partnership aged 55 and over 800 160  \nNote: The rent allowance credit is only available to individuals who were tenants and eligible for the relief on 7 December 2010.  \nThird level tuition fees Upper limit €7,000  \nFull time qualifying courses First €3,000 is ignored  \nPart-time qualifying courses First € 1,500 is ignored  \nRates of PRSI  \nSelf-employed-Class S  \nRate 4%  \nWhere income is above €5,000, the rate is 4% of reckonable earnings or €500 whichever is greater. No PRSI where income is below €5,000 per annum  \nRates of PRSI  \nEmployee – Class A1  \nRate 4%  \nNo PRSI on earnings of €352 or less per week.  \nEmployee – Class K  \nRate 4%  \nRates of PRSI Employer (for employees – Class A1)  \nRate  \nUniversal social charge (USC) for all taxpayers  \nOn the first € 12,012 On the next €6,760  \nOn the next €51,272 On the balance  \n10.75%  \n0.5%  \n2.5%  \n5%  \n8%  \nFor individuals, a surcharge of 3% applies in respect of relevant (non-PAYE) income that exceeds € 100,000 per annum, regardless of age.  \nFor individuals aged 70 and over, and individuals who hold a medical card regardless of age, if aggregate income for the year is €60,000 or less, the maximum rate is 2. 5% .  \nExemptions:  \n- Individuals whose income does not exceed € 13,000 per annum  \n-All social welfare payments and income subject to DIRT  \nRetirement annuities  \nAge  \nUp to 30 years  \n30 years but less than 40 years  \n40 years but less than 50 years  \n50 years but less than 55 years  \n55 years but less than 60 years  \n60 years and over  \nPercentage of net relevant earnings  \n15% 20% 25% 30% 35% 40%  \nCap on net relevant earnings of € 115,000  \nTax free amount of ex gratia payments  \nBasic exemption: € 10,160 + (€765 x number of years of complete service) .  \nIncreased exemption: (€ 10,160 + (€765 x number of years of complete service)) + (€ 10,000 less the present value of a current/future entitlement to a pension lump sum) .  \nStandard capital superannuation benefit (SCSB): (A x B/15)– C  \nWhere: A = Annual average salary over the last three years of employment  \nB = Number of complete years of service in the employment  \nC = Any tax free lump sum received or receivable under an approved superannuation scheme.  \nCorporation tax  \nStandard rate 12.","cbCaijvmY45bdIdz","https://ap.wps.com/l/cbCaijvmY45bdIdz","pdf",32060,"English","# Income tax rates\n## Tax credits\n# Rent allowance and tuition fees\n## Rates of PRSI\n# Universal social charge (USC)\n## Exemptions\n# Retirement annuities and corporation tax\n## VAT and capital gains tax\n# Writing-down and wear and tear allowances\n## Motor vehicles carbon emissions categories","[{\"question\":\"What income tax rates and credits apply under TX-IRL for different taxpayer categories?\",\"answer\":\"The reference lists income tax rate bands at 20% with balances taxed at 40%, alongside tax credits for single, married/civil partnership, widowed/surviving partner, and specific eligibility cases such as home carer and child carer credits.\"},{\"question\":\"How are PRSI and USC calculated, and what key thresholds or special surcharges apply?\",\"answer\":\"It provides PRSI rates for self-employed (Class S), employees (Class A1 and K), and employer PRSI for relevant employees. It also specifies USC percentages across income bands and notes a 3% surcharge on certain non-PAYE income above €100,000, plus a reduced maximum rate rule for eligible taxpayers aged 70+ or with a medical card.\"},{\"question\":\"Which indirect taxes and investment taxes are included, and what are the main rates/exemptions shown?\",\"answer\":\"The material includes corporation tax (standard and higher rates), VAT registration limits and rates (standard, reduced, and second reduced), and capital gains tax with the main rate and annual exemption. It also includes entrepreneur relief parameters and key writing-down allowances for different classes of expenditure and assets.\"}]","Taxation – Ireland (TX-IRL) (F6) -JUNE AND DECEMBER 2018 -TAX REFERENCE MATERIAL | PDF",15]