The Key Points from Budget 2021
Income Tax · There will be no changes to income tax rates or bands. · The Dependent Relatives’ Tax Credit will be increased from €70 to €245. · The Earned Income Tax Credit for Self Employed will be increased by €150 to €1,650. · The second band of the Universal Social Charge will be increased by €203 from €20,484 to €20,687. · The weekly threshold for the higher rate of employees’ Prsi will increase from €394 to €398 per week. · The Help to buy (HTB) scheme will be extended
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