G galway_blow_in Registered User Messages 1,992 16 Mar 2015 #1 read today that income from property is taxed at a rate of 55% , is this correct ?
P Protocol Registered User Messages 4,304 16 Mar 2015 #2 No. There are two income tax rates in Ireland: 20% and 40%. Where did you read that?
J Joe_90 Registered User Messages 2,222 17 Mar 2015 #3 In 2014 if you were earning enough you would pay: Income Tax: 41% PRSI: 4% USC: 7% USC: 3% So total taxes: 55% [broken link removed]
In 2014 if you were earning enough you would pay: Income Tax: 41% PRSI: 4% USC: 7% USC: 3% So total taxes: 55% [broken link removed]