Age Tax Credit

If you are aged 65 or older, you do not have to pay income tax if your income is below the following exception limit.

The exception limit also applies if you are under 65, but your spouse is 65 or older and you are jointly assessed for tax purposes. 

You should inform Revenue if you believe that your yearly income will be less than these limits. They’ll then issue you a revised determination of your tax credits.

Even if your income is slightly above these amounts, you may be eligible for 'marginal relief'. This means that, instead of going back into the normal tax system, you pay 40% on the amount by which your income exceeds your relevant exemption instead.

The point at which marginal relief ceases to be of benefit varies with your family circumstances and the tax credits to which you're entitled.

Age Tax Credit

The Age Tax Credit is additional to the personal tax credit and may be claimed once you or your spouse or civil partner reaches the age of 65. To avail of this tax credit you will need to contact Revenue.

Age tax credit