Tax Credits

Your liability for income tax is also reduced by any tax credits and reliefs you can claim each year. Eligibility often depends on your personal circumstances, so if you're looking after someone in your own home, paying for your own healthcare or are recently married, you may be able to get relief to reduce the amount of tax you pay. Tax credits will reduce the amount of tax you need to pay and are deducted after tax by the amount of credit.

Depending on your personal circumstances, you may be entitled to a number of tax credits.

Each year Revenue will send a summary of tax credits and standard rate cutoff point to your employer so they can deduct the correct amount of tax. If your circumstances change during the year, Revenue will issue a revised certificate.

This is why it’s really important that you ensure you’re getting the correct amount of credits and tell Revenue if your personal circumstances have changed. For example if you get married you should tell them because this could reduce the amount of tax you need to pay each year.