Information about Ireland Minimum wage and taxes.

The minimum wage in Ireland has been set at

10.50 Euros per hour as of January 1, 2022. The minimum wage amount calculated based on weekly working hours may vary. Employees in Ireland pay taxes based on their earnings. Tax rates vary depending on income level. Generally, the following tax brackets apply in Ireland: - 20% income tax is applied for income up to the first 35,300 Euros. - 40% income tax is applied for income between 35,301 Euros and 70,600 Euros. - For income over 70,601 Euros, 45% income tax is applied. Additionally, employees in Ireland pay social security contributions. The social security premium rate varies depending on the earnings level and the employee's situation. As of 2022, the social security contribution rate for employees in Ireland generally varies between

4.5% and

8.5%. In Ireland, tax and social security contributions are generally collected by employers through deductions from employees' salaries. However, tax and social security contribution calculations can be complex and vary depending on the individual situation. Therefore, those working in Ireland can seek support from tax advisors or financial advisors.