I've been looking around but can't find an answer to this.
Once you reach 65 the exemption limit for Income Tax (married couple) is €36,000 pa.
Is the balance of your income over 36K all then taxable at 20%?
Or do you also pay 41% once you go above another higher limit?
Once you reach 65 the exemption limit for Income Tax (married couple) is €36,000 pa.
Is the balance of your income over 36K all then taxable at 20%?
Or do you also pay 41% once you go above another higher limit?