How is the legal tax rate for working in Ireland calculated?

Emergency tax is a tax that is claimed when working without a tax card. The tax rates are as follows:

The first four weeks: tax-free up to ￡91 per week, and 22% on the excess;

The second four weeks: 22% of all income;

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Follow that: 44% of all income;

1. Regarding the calculation of regular tax

Most Chinese people's income from working is within the "regular income amount" and they pay regular tax, so this is the most important thing for everyone.

The old tax system used the tax elimination method of "subtract first and then multiply". That is to say, set aside a certain amount of tax exemption, and use the remaining part of your income minus the amount of tax exemption as the amount of tax that needs to be paid. Your final actual tax amount is 22% of the amount of tax that needs to be paid.

The new tax system will switch to the tax deduction method of "multiply first and then subtract". Take 20% of your entire income as the tax payable, and then subtract the tax credit from the tax payable to get your actual tax amount.

The formula is summarized as:

Old tax system: final actual tax amount = (income-exempt amount)*22%

New tax system: final actual tax amount = Income*20%-Tax-free credit (Note: Tax-free credit = Tax-free*20%)

2. About the calculation of "Cut-Off Tax"

"Cut-Off Tax" is the "high income adjustment tax", which refers to the high income tax that should be paid on the part of income that exceeds the regular income. The new tax rate for high-income cards is 42%.

The card-off tax is only paid on the part of your income that exceeds the regular income and does not affect the calculation of regular taxes. If your income exceeds the regular amount, the formula for the tax you should pay is as follows:

The final actual tax amount = regular income * 20% + (income - regular income) * 42%

3. Classification of individual taxpayer types

There are many items to choose from in tax regulation, but: (Note: The following provisions are just tips for eiresino, for reference only, not legal provisions)

The vast majority of Chinese in Ireland belong to the "single type";

If the couple is in love with a Chinese person and both parties have registered their marriage in China, there is hope to apply for the "married type";

Those who live together in love cannot apply for "married type";

Those who love to have children but do not have legal status, it is more difficult to apply for "married type", but the woman can apply " Single with children type "is easier;

Those whose children are in love with a single parent can hope to apply for the "single-parent family" type, but it is difficult;

Those who are legally married in love , you can apply for "married type". Note: Only people with Irish nationality can legally marry.

4.

Various quotas

Only the three most common ones are listed in the table below: (Unit: pound) (Note: the 2001 fiscal year only has 9 months, calculated as 38 weeks)

Taxpayer type tax-free credit base

(weekly) Regular income control amount

(fiscal year) Regular income control amount

(weekly)

Single 21.42 14800 389.48

Single with children 25.32 17131 450.82

Married

(one party works) 42.84 21460 564.74

Married

(Both parties work) 42.84 21468140 778.95