Taxes

• Income Tax: A tax on income like wages, E.g. PAYE
• Corporation tax: A tax on a companies profits, It’s 12.5% in IRE
• VAT/Value-added tax: A tax on goods and services
• DIRT/Deposit Interest Retention Tax: A tax on the interest on your savings
• Custom duties: A tax on imported goods, e.g. oil
• Universal Social Charge (USC): A tax on an employee‘a income
• Excise duties: A tax on cigarettes, alcohol and petrol.
• Stamp duty: A tax on the purchase price of a house.
• Capital gains tax: A tax on the profit made on the sale of an asset.
• Capital acquisitions tax: A tax on a gift or an inheritance.