Table 2: Tax credits for wage tax/national insurance contributions for employees up to the state pension age 2020

Tax credit Amount Percentage Remarks
General tax credit €2,711 N/A For taxable wage up to €20,711
Phase out of the general tax credit N/A 5.672% For taxable wage of €20,711 or more, but no more than €68,507
Phase out of the general tax credit maximum €2,711 N/A For taxable wage of more than €68,507
Employed person's tax credit N/A 2.812% In as far as income from present employment is €9,921 or lower
Employed person's tax credit maximum €279 N/A
Employed person's tax credit N/A 28.812% In as far as income from present employment is more than €9,921, but no more than €21,430
Employed person's tax credit maximum €3,316 N/A
Employed person's tax credit N/A 1.656% In as far as income from present employment is more than €21,430, but no more than €34,954
Employed person's tax credit maximum €224 N/A
Total employed person's tax credit is maximum €3,819 N/A
Phase-out of employed person's tax credit N/A 6.000% of the income above €34,954 The phase-out is €3,819 when the income is more than €98,604
Tax credit for persons handicapped from early childhood € 749 N/A N/A
Career-break leave credit €219 N/A For each calendar year saved until 2011, solely for the transitional group

Javascript is disabled in this web browser. You must activate Javascript in order to view this website.