Income Levy
The income levy is abolished with effect from 1 January 2011.
The Universal Social Charge (USC) is effective from 1 January 2011
This income levy is payable on gross income from all sources before any tax reliefs, capital allowances, losses or pension contributions.
Income Levy - Frequently Asked Questions (PDF, 602KB)
The 2009 annual rates of the income levy are as follows:
- 1.67%: Income up to €75,036 p.a.
- 3%: Income between €75,037 and €100,100 p.a.
- 3.33%: Income between €100,101 and €174,980 p.a.
- 4.67%: Income between €174,981 and €250,120 p.a.
- 5%: Income in excess of €250,120 p.a.
1 January 2009 to 30 April 2009
- 1%: Income up to €100,100 p.a.
- 2%: Income between €100,101 and €250,120 p.a.
- 3%: Income in excess of €250,120 p.a.
From 1 May 2009
- 2%: Income up to €75,036 p.a.
- 4%: Income between €75,037 and €174,980 p.a.
- 6%: Income in excess of €174,980 p.a.
Exempt Categories:
- Where an individual's income for a year does not exceed €15,028 p.a.
- Individuals aged 65 or over whose annual income does not exceed €20,000 p.a.
- Full medical card holders
- Social Welfare payments are also excluded from the income levy
