3 Oct 2022
BUDGET 2023 SUMMARY
These are the key tax measures in the Budget Statement by the Minister for Finance on 27 September 2022.
See link to Revenue Budget Summary Information 2023 at:
https://revenue.ie/en/corporate/press-office/budget-information/2023/budget-summary-2023.pdf
Income Tax
Tax Credits
|
Changes are in bold. Tax Credit |
2022 € |
2023 € |
|
Single person |
1,700 |
1,775 |
|
Married or in a civil partnership |
3,400 |
3,550 |
|
Employee Tax Credit |
1,7000 |
1,775 |
|
Earned Income Tax Credit |
1,700 |
1,775 |
|
Widowed person or surviving civil partner (without qualifying child) |
2,240 |
2,315 |
|
Single person Child Carer Tax Credit |
1,650 |
1,650 |
|
Incapacitated Child Credit |
3,300 |
3,300 |
|
Blind Tax Credit Single person Married or in a civil partnership:
|
1,650 1,650 3,300 |
1,650 1,650 3,300 |
|
Widowed Parent
|
- 3,600 3,150 2,700 2,250 |
3,600 3,150 2,700 2,250 - |
|
Age Tax Credit
|
245 490 |
245 490 |
|
Dependent Relative |
245 |
245 |
|
Home Carer Tax Credit |
1,600 |
1,700 |
Tax Rates and Tax Bands
|
Changes are in bold. Personal Circumstances |
2022 € |
2023 € |
|
Single or widowed or surviving civil partner, without qualifying child partner, without qualifying child |
36,800 @ 20% Balance @ 40% |
40,000 @ 20% Balance @ 40% |
|
Single or widowed or surviving civil partner, qualifying for single person child carer credit |
40,800 @ 20% Balance @ 40% |
44,000 @ 20% Balance @ 40% |
|
Married or in a civil partnership, one spouse or civil partner with income |
45,800 @ 20% Balance @ 40% |
49,000 @ 20% Balance @ 40% |
|
Married or in a civil partnership, both spouses or civil partners with income |
45,800 @ 20% with increase of 27,800 max. Balance @ 40% |
49,000 @ 20% with increase of 31,000 max. Balance @ 40% |

