Budget 2018 summary

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For a summary of the changes following Budget 2018 click here

The main changes in your pocket will be:

  • Self employed tax credit – increased to €1,150 (up €200 from €900)

 

  • Standard rate band – increased by €750 per annum.  A single worker will now have a standard rate cut off point of €34,550 & a married worker may have a standard rate cut off point up to €43,550

 

  • USC – the 2.5% reduced to 2%; the 5% rate reduced to 4.75%.  The ceiling for the 2% rate increased by €600 to €19,372

 

28
NOV
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