Budget 2011 - Emergency Tax Credits and Bands

With the revised tax credits and Cut Offs for Irish payroll for 2011, when calculating tax on an emergency basis the credits and cut offs are as follows

Where employee does not provide a PPS Number

Weekly Paid   

Weeks 1 - 4                CutOff Point €631              Weekly Tax Credit €32

Weeks 5 - 8                CutOff Point €631              Weekly Tax Credit  nil

Week 9 onwards         CutOff Point  nil                  Weekly Tax Credit  nil

Monthly Paid

Month 1                      CutOff Point €2,734           Monthly Tax Credit €138

Month 2                      CutOff Point €2,734           Monthly Tax Credit  nil

Month 3 onwards        CutOff Point  nil                  Monthly Tax Credit  nil

Where an employee does not provide a PPS number

The higher rate of 41% applies to all earnings from Week/Month 1.

The operation of the emergency tax system is unchanged for 2011.