Brendan Burgess
Founder
- Messages
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Personal Credits
Single person: €1,580
Married person: €3,160
Employee Tax Credit €1,270*
Standard Rate Bands:
Single €29,400
Married One Income €38,400
Married Two Incomes €58,800
Lone Parent/Widowed Parent €33,400* * *
*
Age Exemption Limits
Single: €16,500
Married: €33,000* * * *
Other Credits:
Incapacitated Child €1,000
Blind Persons:
Single €1,000
Married (both blind) €2,000
Widowed Person €400
Widowed Parent:
Year 1 €2,800
Year 2 €2,300
Year 3 €1,800
Year 4 €1,300
Year 5 €800* * * *
Allowance for Rent Paid by Certain Tenants
For those aged under 55 years of age, the maximum level of rent paid for private rented accommodation on which tax relief can be claimed, at the standard rate of tax, is €1,500 per annum for a single person and €3,000 per annum for widowed and married persons. This equates to a tax credit of €300 per annum for single persons and €600 per annum for widowed persons and married couples.
For those aged 55 years and over, the maximum level of rent paid on which tax relief can be claimed is €3,000 per annum for a single person and €6,000 per annum for widowed and married persons. This equates to a tax credit of €600 per annum for a single person and €1,200 for widowed and married persons.
Tax Relief for Fees Paid for Third Level EducationThe maximum amount of qualifying fees allowable under the scheme of tax relief for third level fees is €5,000 per annum. The relief can be claimed at the standard rate of tax and the new maximum amount will be available in respect of fees paid in relation to the academic year 2005/2006.
Single person: €1,580
Married person: €3,160
Employee Tax Credit €1,270*
Standard Rate Bands:
Single €29,400
Married One Income €38,400
Married Two Incomes €58,800
Lone Parent/Widowed Parent €33,400* * *
*
Age Exemption Limits
Single: €16,500
Married: €33,000* * * *
Other Credits:
Incapacitated Child €1,000
Blind Persons:
Single €1,000
Married (both blind) €2,000
Widowed Person €400
Widowed Parent:
Year 1 €2,800
Year 2 €2,300
Year 3 €1,800
Year 4 €1,300
Year 5 €800* * * *
Allowance for Rent Paid by Certain Tenants
For those aged under 55 years of age, the maximum level of rent paid for private rented accommodation on which tax relief can be claimed, at the standard rate of tax, is €1,500 per annum for a single person and €3,000 per annum for widowed and married persons. This equates to a tax credit of €300 per annum for single persons and €600 per annum for widowed persons and married couples.
For those aged 55 years and over, the maximum level of rent paid on which tax relief can be claimed is €3,000 per annum for a single person and €6,000 per annum for widowed and married persons. This equates to a tax credit of €600 per annum for a single person and €1,200 for widowed and married persons.
Tax Relief for Fees Paid for Third Level EducationThe maximum amount of qualifying fees allowable under the scheme of tax relief for third level fees is €5,000 per annum. The relief can be claimed at the standard rate of tax and the new maximum amount will be available in respect of fees paid in relation to the academic year 2005/2006.