Irish Tax 2025: Personal

by Mairéad Hennessy

Part of a series on 2025 Irish Tax. This short course explores the key changes made in the area of personal taxation following Finance Act 2024. With the cost of living crisis and the housing shortage still looming, the Government have acted to attempt to mitigate these issues.

This course is not currently available

This module will enable you to

  • Recognise changes to SRCOP and tax credits
  • Identify amendments in taxes relating to housing
  • Discuss updates to pension-related taxation

About the module

From an employment and personal tax perspective, the majority of the legislative changes in Finance Act 2024 are centred around addressing the cost of living challenges and tax relief for individuals. These bring notable improvements at a time when individuals, families, and businesses are still struggling with the challenges of inflation.

The course covers the increases in various tax credits, the rise in the standard rate cut-off point and adjustments made to the USC thresholds.

Look inside

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Contents

  • Personal taxes
    • Changes in personal tax
    • Income tax rates and credits
    • Universal Social Charge
    • Housing
    • Residential Zoned Land Tax
    • What's new in pensions
    • Pensions
    • Small benefit exemption
    • Split-year treatment
    • Energy

How it works

Author

Mairéad Hennessy

Mairéad specialises in succession planning for SMEs and their owners, retirement planning, corporate structuring, inheritance tax, property transactions and VAT, through the tax practice she founded in 2016. Mairead represents CCAB-I on TALC (indirect taxes), which is the main forum for making representations between the Irish Revenue and practitioners on tax administration in Ireland.

Reviews

More in this series

Take a look more modules from the series: 2025 Irish Tax

This course is not currently available. To find out more, please get in touch.