Cuts in Income Tax Bands in Budget 2011

Proposed Standard Rate Income Tax Bands from 1 January 2011
As announced in Budget 2011

These are the tax bands or cut off points at which taxpayers start to pay the higher  rate of income tax – 41%. Income under these bands is taxed at 20%

Single/Widowed  :      2010:  36,400      2011:   €32,800

Married One Income   :  2010  45,400   2011 : €41,800

Married Two Incomes  :    2010:   72,800     2011 :  65,600

One Parent/Widowed Parent :   2010 :   40,400  2011   36,800

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