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Commentary

2.1.1 Tax rates and bands

Republic of Ireland

Contributed by:

Mairéad Hennessy, Owner at Taxkey, www.taxkey.ie.

2.1ÌýÌýÌýÌý Withholding of income tax

In Ireland, the tax year runs from 1 January to 31 December each year. Nearly all income and benefits-in-kind (BIKs) are liable for tax in Ireland. Tax on income that an employee earns from employment is deducted from their wages by their employer on behalf of the Irish Government. This is known as Pay As You Earn (PAYE). The amount of tax that

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