I won’t credit where I found this as its a karma farming bot however this is pretty accurate for people unsure how tax works

14 comments

  4. That’s wrong OP it excludes USC

    Actual take home is around 61k for someone on 100k or 39k in tax

    Edit: Ok just noticed this is in pounds so that’s why it excludes other bands used here

    Still worth pointing out that the Irish bands are completely different

  9. Considering the pound symbols and different taxing bands, I’m not sure a UK example of how people misunderstand the UK Income Tax system helps with demonstrating how people misunderstand the Irish Income Tax system.

  10. I guess a lot of the replies in this either don’t understand or haven’t noticed how many people in Ireland think that making more than 35k means they now pay the higher tax band on all income. There are fairly regular posts about people saying they got less money as a result of a pay rise because of tax

  11. This is the Irish comparison to the the UK one demonstrated in the picture in the first post.

    Assumptions are, earning 100k gross, single, no additional tax credits/reliefs.

    In 2022 the income tax due is €29240, USC 4836 and PRSI is 4000.

    The UK example in the original post leaves out their version of PRSI which is about £5,800.

Leave a Reply