Take Home Pay Ireland 2019

Take Home Pay Ireland  2019

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 2019 .
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 it is charged on all income – but you are exempt if your earnings are  under €18300 a year.

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 since March 1st 1st 2019 for someone aged 20 or more  €9.80 per hour

On an annual basis – for someone working 39 hours a week on the minimum wage comes to  €19874 – which gives a take home pay of €18,549 a year or  €1546 a month or €356.71 a week.

Deductions and Take Home Pay for a Single PAYE earner in 2019

Gross
Pay
Income
Tax
PRSI USC Take
Home Pay (annual)
Monthly
Net Pay
13000 0 0 0 13000 1083
16000 0 0 140 15860 1322
19874
(minwage)
675 433 217 18549 1546
25000 1700 1000 448 21852 1821
35000 3700 1400 898 29002 2417
45000 7640 1800 1348 34212 2851
55000 11640 2200 1798 39362 3280

Deductions and Take Home Pay for a Couple (With One  PAYE earner) in 2019

Gross
Pay
Income
Tax
PRSI USC Take
Home Pay (annual)
Monthly
Net Pay
15000 0 0 120 14880 1240
19874
(minwage)
0 433 217 19224 1602
25000 50 1000 448 23502 1959
35000 2050 1400 898 30652 2554
45000 4190 1800 1348 37662 3139
55000 8190 2200 1798 42812 3568

More Here about Finding Work in Ireland