| Category | Description | Rate |
|---|---|---|
| Contributions | ||
| Social Insurance | Mandatory social security contribution | 8.8% |
| Redundancy Fund | Protection against redundancy | 1.20% |
| Industrial Training Fund | Workforce development fund | 0.5% |
| Holiday Fund | Annual leave entitlement (if not exempted) | 8% |
| Social Cohesion Fund | Social welfare contribution | 2% |
| Total Contributions | 20.5% (or 12.5% if Holiday Fund exempted) | |
| Income Tax Brackets | ||
| Tax-Free | €0 - €22,000 | 0% |
| First Bracket | €22,001 - €32,000 | 20% |
| Second Bracket | €32,001 - €42,000 | 25% |
| Third Bracket | €42,001 - €72,000 | 30% |
| Fourth Bracket | Above €72,001 | 35% |