10. Rate of charge and personal tax credits
As respects the year of assessment 2023 and subsequent years of assessment, the Principal Act is amended -
(a) in section 15 -
(i) in subsection (3)(i), by the substitution of "€31,000" for "€27,800", and
(ii) by the substitution of the following Table for the Table to that section:
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PART 1 |
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Part of taxable income (1) |
Rate of tax (2) |
Description of rate (3) |
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The first €40,000 |
20 per cent |
the standard rate |
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The remainder |
40 per cent |
the higher rate |
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PART 2 |
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Part of taxable income (1) |
Rate of tax (2) |
Description of rate (3) |
|
The first €44,000 |
20 per cent | |