Figures based upon 1 EUR = 1 EUR.
In Ireland, an income of 38,200.01 EUR / 38,200.01 EUR is more than the lowest average advertised salary of 12,000.00 EUR / 12,000.00 EUR and more than the country's average income of 38,200.00 EUR / 38,200.00 EUR.
Why not compare the taxation and buying power of Ireland with another country? click here.
Here are how much some common purchases cost in Ireland:
Water Bottle (1.5L) : 1.44 EUR / 1.44 EUR (Price in Ireland converted to EUR)
Milk Bottle (1L) : 1.05 EUR / 1.05 EUR (Price in Ireland converted to EUR)
Pint of Beer : 5.00 EUR / 5.00 EUR (Price in Ireland converted to EUR)
Bread (500g) : 1.54 EUR / 1.54 EUR (Price in Ireland converted to EUR)
Chicken Breasts (1kg) : 8.44 EUR / 8.44 EUR (Price in Ireland converted to EUR)
Petrol UK Gallon : 6.45 EUR / 6.45 EUR (Price in Ireland converted to EUR)
Volkswagen Golf or Equivalent : 25,000.00 EUR / 25,000.00 EUR (Price in Ireland converted to EUR)
Broadband Internet Monthly : 51.73 EUR / 51.73 EUR (Price in Ireland converted to EUR)
Rent One Bedroom Apt. In City (Monthly) : 1,205.57 EUR / 1,205.57 EUR (Price in Ireland converted to EUR)
Purchase One Bedroom Apt. In City : 186,289.95 EUR / 186,289.95 EUR (Price in Ireland converted to EUR)
Part of Europe, Ireland covers an area of 68,928 square kilometers.
Ireland has a Gross Domestic Product (PPP) of 324.30 ($ Billion) from a population of 4,749,153.
A progressive tax system split into 2 bands (20% and 40%).
Everything earned after the standard-rate cut off (42,000 EUR in 2024) is charged the higher rate of tax (40% in 2024).
All taxpayers receive a personal tax credit of 1,875 EUR (2024) to be deducted from the tax bill.
A Universal Social Charge (USC) is also levied on gross income and is made up of 4 bands in general.
Up to 12,012 EUR - 0.5%.
Between 12,012 EUR and 25,760 EUR - 2.0%.
Between 25,760 EUR and 70,044 EUR - 4.0%.
Above 70,044 EUR - 8%.
People earning below 13,000 EUR do not have to pay the USC.
PRSI (Pay related Social Insurance) of 4% is also deducted from gross income over 18,304 EUR.
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: XE.com (Currency Conversion).
Source: SalaryExplorer.com (Averages from average salaries in major job categories).
Source: Numbeo.com (Cost of living).
This calculator allows you to calculate income taxes and social contributions equivalent for Ireland. You can choose the preferred currency for the input amounts and displayed calculation. For example: If you choose EUR as your preferred currency, then the income entered will be converted to Ireland's native currency for the calculation so that correct income equivalent is used. The results will then be shown in EUR and your chosen currency.
We have trawled through the quagmire of tax legislation for 16 of the World's major economies and created a comparable position as close to the UK's PAYE (Pay As You Earn) system for employed people.
We look at each country's taxation for employed people, as well as things like medical care which are part of social contributions for some countries or require mandatory purchase of health insurance.
Combining this information lets us calculate taxes for each of the 16 countries and then do not only a taxation comparison but also a comparison of buying power based upon commonly purchased items.
It is quick and easy to use and you can get a detailed result at the click/tap of a button!
We currently support the following countries - by clicking on the links below you can just do an individual tax calculation for those countries - or scroll up and compare tax between two countries directly!
You can also compare tax using these examples:
Source: https://www.impots.gouv.fr/portail/international
Source: http://www.citizensinformation.ie/en/money_and_tax/tax/income_tax/how_your_tax_is_calculated.html
Source: http://www1.agenziaentrate.gov.it/english/revenue_agency/index_revenue.htm
Source: http://www.impotsdirects.public.lu/fr.html
Source: http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio.shtml
Source: https://www.estv.admin.ch/estv/en/home.html.
Source: https://www.gov.uk/government/organisations/hm-revenue-customs.
Source: http://www.bundesfinanzministerium.de/Web/EN/Issues/Taxation/taxation.html.
Source: https://www.irs.gov/tax-professionals/tax-code-regulations-and-official-guidance.
Source: http://www.cra-arc.gc.ca/tx/ndvdls/fq/txrts-eng.html
Source: https://www.ato.gov.au.
Source: http://www.ird.govt.nz/how-to/taxrates-codes/rates/itaxsalaryandwage-incometaxrates.html.
Source: https://www.nta.go.jp/foreign_language/.
Source: http://www.chinatax.gov.cn/2013/n2925/.
* calculations are currently based on the 2024 tax rules, rates and allowances for comparable single individuals in each country.