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Ireland 2018 Budget Delivered

|Proposed Changes|Ireland
Ireland

On 10 October 2017, Ireland's Minister for Finance, Paschal Donohoe, delivered the 2018 Budget. The main tax measures of the Budget include:

  • Amendments to the Universal Social Charge (USC) rates and bands as follows:
    • EUR 0 – 12,012 @ 0.5%
    • EUR 12,012 – 19,372 @ 2%
    • EUR 19,372 – 70,044 @ 4.75%
    • EUR 70,044+ @ 8%
    • Self-employed income over €100,000: 3% surcharge
  • An increase of EUR 750 in the income tax standard rate band (20%) for all earners, from EUR 33,800 to EUR 34,550 for single individuals …

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