Finance Act 2024

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Chapter 3

Income Tax

Rate of charge and personal tax credits

3. As respects the year of assessment 2025 and subsequent years of assessment, the Principal Act is amended—

(a) in section 15—

(i) in subsection (3)(i), by the substitution of “€35,000” for “€33,000”, and

(ii) by the substitution of the following Table for the Table to that section:

“TABLE

PART 1

PART 2

PART 3

”,

(b) in section 461—

(i) in paragraph (a), by the substitution of “€4,000” for “€3,750”,

(ii) in paragraph (b), by the substitution of “€4,000” for “€3,750”, and

(iii) in paragraph (c), by the substitution of “€2,000” for “€1,875”,

(c) in section 462B(3), by the substitution of “€1,900” for “€1,750”,

(d) in section 465(1), by the substitution of “€3,800” for “€3,500”,

(e) in section 466(2), by the substitution of “€305” for “€245”,

(f) in section 466A(2), by the substitution of “€1,950” for “€1,800”,

(g) in section 468(2)—

(i) by the substitution of “€1,950” for “€1,650”, and

(ii) by the substitution of “€3,900” for “€3,300”,

(h) in section 472(4), by the substitution of “€2,000” for “€1,875” in each place where it occurs, and

(i) in section 472AB—

(i) in subsection (2), by the substitution of “€2,000” for “€1,875” in each place where it occurs, and

(ii) in subsection (3), by the substitution of “€2,000” for “€1,875” in each place where it occurs.