Consumption taxes

Nature of the tax

VAT: Valued Added Tax

Tax rate

23%

Reduced tax rate

A 0% rate applies to goods such as basic foodstuffs, children clothing and children footwear and oral medicines. A 13.5% rate applies to goods and services such as new houses, construction services, solid fuelsfuel and certain newspapers. From  July 1, 2011, a 9% rate applies to restaurant and catering services, hotel and holiday accommodation, certain entertainment services, hairdressing, brochures, maps, programmes and newspapers. VAT is charged on assets and services in Ireland as well as on imports into Ireland. A special rate of 4.8% applies principally to the sale of livestock.

Other consumption taxes

Excise duties apply in Ireland. For more information on excise duties, consult the Irish Tax and Customs Website.
Stamp duty of 1%-9%.

Corporate taxes

Tax rate

Tax rate for foreign companies

Corporate tax is charged on the company’s profits. It includes both income and chargeable gains. The corporation tax in Ireland is quite low, and is often cited as an example of tax competition, as it is used as an incentive for foreign companies to invest in the Irish Republic.
On rules for non-resident individual.

Capital gains taxation

Capital gains are taxed to the rate of 12.5%.

Main allowable deductions and tax credit

Offset of losses, transaction between affiliated parties, financing costs, bad costs, depreciation expenses.
Consult the list of Irish tax deductions.

Other corporate taxes

Stamp duties; Carbon tax at a rate of EUR15 per tonne; Withholding Tax

Individual taxes

Tax rate

Allowable deductions and tax credit

Relief is given mainly in the form of a credit on tax payable. Most relief refers exclusively to Irish residents. You can consult the list of deductions. 

Special expatriate tax regime

Unless your income is relieved from Irish tax under the provisions of a double taxation agreement, it will be taxable in Ireland from the date of your arrival regardless of your Irish residence status for tax purposes.

Double taxation treaties

Countries with whom a double taxation treaty have been signed

See the list of Double taxation treaties

Withholding taxes

Dividends: 20%, Interest: 20%, Royalties: 20%

Bilateral agreement

Sources of fiscal information

Tax Authorities

Ireland Tax and Customs

Other domestic resources

Information on Ireland tax system