1. What is the Irish Salary Calculator?

The Irish Salary Calculator estimates your net salary after deducting Income Tax, Universal Social Charge (USC), and Pay Related Social Insurance (PRSI) from your gross annual salary.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Income Tax — 20% on first €36,800 and 40% on balance (2023 rates)
• USC — Progressive rates from 0.5% to 8%
• PRSI — 4% of gross pay

3. Understanding Irish Tax System

Details: Ireland has a progressive tax system with different rates for different income bands. The calculator uses standard rates without accounting for tax credits or other deductions.

4. Using the Calculator

Tips: Enter your gross annual salary in EUR. The calculator will estimate your deductions and net pay based on standard 2023 tax rates.

5. Frequently Asked Questions (FAQ)

Q1: Are tax credits included in this calculation?
A: No, this provides an estimate before tax credits. Actual take-home pay may be higher when credits are applied.

Q2: What's the difference between USC and PRSI?
A: USC is a health contribution tax, while PRSI funds social welfare benefits.

Q3: Are these rates up to date?
A: This calculator uses 2023 rates. Always check Revenue.ie for current rates.

Q4: What about pension contributions?
A: Pension contributions are not accounted for in this basic calculator.

Q5: How accurate is this calculator?
A: It provides a good estimate but for precise figures, consult a tax professional or use Revenue's detailed calculator.