12th October 2021 The Key Points from Budget 2022 Income Tax The standard rate income tax band will be increased by €1,500 to €36,800 for single persons and to €45,800 for married couples etc; no other changes to income tax rates or bands. The Personal, Employee (PAYE) and Earned Income (Self-Employed) Tax Credits will be increased by €50 to €1,700. The second band of the Universal Social Charge will be increased by €608 from €20,687 to €21,295. Exemption from the top rate of