Useful Information
General
| Currency | Euro (€) |
| Capital city | Dublin |
| Language | English / Irish |
| Time zone | GMT |
| Electricity | 220V |
| Fiscal year | 1st Jan - 31st Dec |
| Telephone code | + 353 |
| Internet code | .ie |
| Lowest point | Atlantic Ocean (0m) |
| Highest point | Carrauntoohil (1041m) |
| Approx. area | 27,135 square miles |
Tax
Residents of Ireland pay tax on their worldwide income. Non residents pay tax only on Irish sourced income. Tax treaties with other countries ensure that the same income will not be taxed twice in relation to those other countries.
The standard rate of tax is 20%, and the higher rate of tax is 41% (income over €36,400 per annum). In addition there is an income tax levy of 1% to 3% depending on income.
Deductions
Business expenses can be deducted from taxable income if wholly, exclusively and necessarily incurred in the performance of of the duties.
Tax credits
Single €325, married €650.
Social Security (PRSI)
Employer's contribution is 10.75% and the employee's is 4% up to €52,000 per annum.
Healthcare
Employee's contribution is 2% (2.5% where income exceeds €1,925 per week).
Liberty Bishop
Unit A1, Basepoint Business & Innovation Centre, 110 Butterfield, Great Marlings, Luton, Bedfordshire, LU2 8DL
