How much is deducted from wages in Ireland – What is the Take Home Pay ?
As well as Income Tax – most workers in Ireland also have PRSI and USC deducted from their pay.
USC is a more recent tax on income – introduced in 2011 as one of the austerity measures. USC was reduced slightly from Jan 1st 2022
See more about USC or Universal Social Charge Here.
PRSI – or “Pay Related Social Insurance ” is another deduction from pay – it is supposed to be a deduction that goes towards social welfare and pensions.
For private-sector employees – the majority of people pay PRSI at 4% . PRSI is charged on all income – but you are exempt if your earnings are under €18300 a year. (€352 a week)
For a single person over 18 – here are some worked examples showing the gross pay, PRSI and USC deductions and the annual and monthly take-home pay.
The minimum wage in Ireland from January 1st 2022 was increased to €10.50 per hour
On an annual basis – for someone working 39 hours a week on the minimum wage comes to €21294 – which gives a take-home pay of €19463 .
Deductions and Take-Home Pay for a Single PAYE earner in 2022
| Gross Annual Pay | Income Tax | PRSI | USC | Take Home Pay (annual) | Monthly Net Pay |
| 16000 | 0 | 0 | 140 | 15860 | 1322 |
| 21,294 (minwage) | 859 | 726 | 246 | 19463 | 1831 |
| 25000 | 1598 | 1000 | 412 | 219980 | 1832 |
| 35000 | 3598 | 1400 | 862 | 29130 | 2428 |
| 45000 | 7326 | 1800 | 1312 | 34642 | 2887 |
| 55000 | 11240 | 2200 | 1762 | 39768 | 3316 |
Deductions and Take-Home Pay for a Couple (With One PAYE earner) in 2022
| Gross Pay | Income Tax | PRSI | USC | Take Home Pay (annual) | Monthly Net Pay |
| 21294 (minwage) | 0 | 726 | 246 | 20322 | 1694 |
| 25000 | 0 | 1000 | 412 | 23583 | 1965 |
| 35000 | 1900 | 1400 | 862 | 30838 | 2570 |
| 45000 | 3900 | 1800 | 1312 | 37988 | 3166 |
| 55000 | 7740 | 2200 | 1762 | 43298 | 3608 |