Know Your Rights: January 2022
PAYE taxes
Question
I’m a PAYE worker. What income tax will I pay
in 2022?
Answer
Your income is taxed at 20% up to a certain
amount. This is known as the standard
rate of tax and the amount of income that it applies to is the standard rate tax band.
If you have income above the standard rate tax
band, it is taxed at the higher rate of
tax, which is 40%.
There were no changes to tax rates in 2022,
but the standard rate tax bands were raised by €1,500.
Personal circumstances |
Tax rates and
bands in 2022, € |
Single person |
36,800 @ 20% Balance
@40% |
Married couple/civil partners, one income |
45,800@ 20% Balance @ 40% |
Married couple/civil partners, two incomes |
Up to 73,600@
20% Balance @ 40% |
One-parent family |
40,800 @ 20% Balance @ 40% |
You may be able to get other income tax
reliefs, tax credits or exemptions depending on your personal circumstances.
These can reduce the amount of tax that you have to
pay.
Read more about calculating your tax on citizensinformation.ie 👉 https://bit.ly/3JNlkE7, or call us on 0818
07 4000 (Monday to Friday, 9am to 8pm).
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