See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
12 cards from this deck
Two-tier system
First portion of income up to cut-off point
Income above standard rate cut-off point
Amount that reduces final tax bill
Income threshold where tax rate changes
Tax payable=Gross tax−tax credits\text{Tax payable} = \text{Gross tax} - \text{tax credits}Tax payable=Gross tax−tax credits
Standard rate on income up to cut-off, higher rate on excess, add both
Universal Social Charge
1st January 2011
2% on income up to €10,036
4% on income €10,036 to €16,016
7% on income exceeding €16,016
Select your subjects, and get access to A+ resources today.