Understanding Taxes in Dublin
Dublin workers pay PAYE (Pay As You Earn) income tax at 20% and 40%, plus USC ranging from 0.5% to 8% depending on income, and PRSI at 4%. Ireland offers various tax credits including the Single Person Tax Credit (€1,875) and the Employee Tax Credit (€1,875) that directly reduce your tax bill. Dublin's tech sector offers among the highest salaries in Europe, with major multinationals headquartered there due to Ireland's 12.5% corporate tax rate.