27th September 2022 The Key Points from Budget 2023 Income Tax The standard rate income tax band will be increased by €3,200 to €40,000 for single persons and to €49,000 for married couples with one earner; no other changes to income tax rates or bands. The Personal, Employee (PAYE) and Earned Income (Self-Employed) Tax Credits will be increased by €75 to €1,775. The Home Carer tax credit will be increased by €100 to €1,700. A Rent tax credit of €500 will be introduced for th