Showing posts with label OECD taxes. Show all posts
Showing posts with label OECD taxes. Show all posts

Monday, October 22, 2012

22/10/2012: Income Tax in Ireland: a snapshot


Another tax chart (source here) on effective income & social security taxes in various countries:


And so where's Ireland in this? I took KPMG tax calculator for 2012 and... for a person on $100,000 (depending on which exchange rate you take - spot or 3mo average), Ireland scores:

  • Self-employed person, single, no children effective tax rate of 40%
  • PAYE effective tax rate of 37.5-37.75%
  • Average for a single earner tax rate of 38.42%
See for yourselves where that places Ireland.

More on this in forthcoming Village Magazine issue.