No changes to income tax rates?

[Brendan Burgess]

But some credits changed for self-employed.

 

[Audi_Driver]

Is anyone able to confirm if a PAYE worker who is also self employed will be able to avail of the new self employed credit of €550 on top of their PAYE credit in calculating their liability to revenue?

 

[Brendan Burgess]

It's very clear to me that this is aimed at people who do not qualify for the PAYE credit. So if you get the PAYE credit, you don't get the Earned Income Credit.

Brendan

 

[Joe_90]

It's very clear to me that this is aimed at people who do not qualify for the PAYE credit. So if you get the PAYE credit, you don't get the Earned Income Credit.

Brendan

I'd agree.

 

[Savvy]

As per the Budget summary at revenue site ([broken link removed]) this is a No

"Where an individual has earned income that qualifies for Earned Income Tax Credit and PAYE Tax Credit, the combined tax credits cannot exceed €1,650."

Can I assume that this is available to directors? I'm currently a non-proprietary director and only receive the Personal Credit?

 

[Audi_Driver]

Thanks folks,

Was to good to be true.