Personal tax credits are due to every taxpayer resident in Ireland. The tax credit applicable will depend on your marital status – single, married, in a civil partnership, widowed, a surviving civil partner, separated, divorced or a former civil partner.
Personal tax credits and PAYE tax credits are usually applied every year at the source of income however, it is up to you to inform Revenue of your current marital status. Otherwise, you may not be availing of the relevant tax credit and could be overcharged on taxation as a result!
To help you better understand tax credits, the team here at Irish Tax Rebates have put together an easy to follow breakdown of the various categories of personal tax credits.
One Parent Family Tax Credit
Unmarried, separated, divorced persons or those who are a former civil partner are eligible to claim the one parent family tax credit. The One-Parent Family Tax Credit is currently €1,650.
The One Parent Family Tax Credit is in addition to the personal tax credit. A person who is widowed, deserted, separated, or unmarried and a child, stepchild or adopted child that resides with them for all or part of the tax year is eligible to claim this additional €1,650 tax credit.
If the child resides with both parents for part of the year, both parents can claim the full One Parent Family Tax Credit subject to Revenue guidelines.
Single Person Tax Credit
From 2014, the One Parent Family Tax Credit has been abolished and the Single Parent Family Tax Credit was introduced. Unmarried, separated, divorced persons or those who are a former civil partner are eligible to claim the single person tax credit. The Single Person Tax Credit is €1,650.
The Single Person Child Carer credit is in addition to the personal tax credit. A person who is widowed, deserted, separated, or unmarried and a child, stepchild or adopted child resides with them for all or part of the tax year is eligible to claim this additional €1,650 tax credit.
If the child resides with both parents for part of the year, only one-parent can claim the full Single Person Child Carer credit subject to Revenue guidelines.
Married Person or Civil Partner Tax Credit
This tax credit is applicable to individuals who are married or in a civil partnership. Whichever member of the couple that opted to be the assessable spouse or nominated civil partner is entitled to claim this tax credit if they so wish.
This is provided that they are assessed on the basis of Joint Assessment i.e. assessed for taxation on the couple’s combined total income. The Married Person or Civil Partner Tax Credit is currently €3,300.
Widowed Person or Surviving Civil Partner Tax Credit
The amount of this tax credit depends on whether the widowed person or the surviving civil partner has dependent children and when their spouse or civil partner passed away. The standard tax credit is €2,190 however in the year of bereavement it amounts to €3,300.
Where a widowed person or surviving civil partner has dependent children, they will also be eligible for the Single Person Child Carer credit in addition to the Widowed Person or Surviving Civil Partner Tax Credit.
Claim tax back?
Irish Tax Rebates help thousands of people in Ireland every year to claim tax back. 3 out of every 4 people are eligible for tax back and the average tax rebate is €1,100. Apply Online today to begin the tax back process.
