Worksheet: State Pension (Non-Contributory) and income from work

This worksheet will help you find out how work will affect your weekly State Pension (Non-Contributory) in 2018.

Worksheet

State Pension (Non-Contributory) Worksheet Euro

Income from your job
(€200 is disregarded - see note 1)

Add income from your spouse's, civil partner's or cohabitant's job
(€200 is disregarded - see note 2)

Total ____________

Divide by 2 to get:

Total assessable weekly means from employment

(See note 3)

Weekly State Pension (Non-Contributory)

(See note 4)


Gross Income
(Add income from job and new rate of State Pension (Non-Contributory)
to get total Gross Income) _____________

Deductions

Less total PRSI paid each week (by spouse, civil partner or cohabitant if under 66)

(See note 5)

Less weekly tax paid

You pay income tax (PAYE) on all your income

(earnings + State Pension (Non-Contributory)).

(See note 6)

Total Net Income ____________

Note 1

€200 of income from insurable employment is not taken into account. Any amount above this is assessed as means. All income from self-employment is assessed as means.

Note 2

If a qualified adult is working, €200 of income from insurable employment is not taken into account. Any amount above this is assessed as means. All income from self-employment is assessed as means.

Note 3

If you are married in a civil partnership or cohabiting with another person, your means will be taken as half the joint means of you and your spouse/civil partner/cohabitant.

Note 4

If your means are more than €30 you can get a reduced pension. Find out the rate of pension paid after means are assessed.

Note 5

If you are over 66 you pay no PRSI.

If your spouse, civil partner or cohabitant is under 66 they are liable for PRSI. If they are earning less than €352 per week they are not liable for PRSI.

Note 6

Multiply total Gross Income by 20% to get the gross amount of income tax payable each week. From this figure subtract your Weekly Tax Credit to get the amount of weekly tax paid.

Single Person = €68.17

Married Couple (one person working and one person over 65) = €99.90

Married Couple (one person working and both over 65) = €104.61

Married couple (both working and one person over 65) = €131.63

Married couple (both working and both over 65) = €136.35

Universal Social Charge

You will pay a Universal Social Charge (USC) on your gross income from work. The amount of USC you will pay depends on your income and your age.

Find out more about the Universal Social Charge.

Weekly Tax Credit 2018

Single person

Personal Tax Credit €1,650

Age Credit €245

Employee Tax Credit €1,650

Total Tax Credit €3,545

Divide by 52 to give the weekly tax credit of €68.17.

Married couple (one person working and one person over 65)

Personal Tax Credit €3,300

Age Credit €245

Employee Tax Credit €1,650

Total Tax Credit €5,195

Divide by 52 to give the weekly tax credit of €99.90.

Married couple (one person working and both over 65)

Personal Tax Credit €3,300

Age Credit €490

Employee Tax Credit €1,650

Total Tax Credit €5,440

Divide by 52 to give the weekly tax credit of €104.61.

Married couple (both working and one person over 65)

Personal Tax Credit €3,300

Age Credit €245

Employee Tax Credit €1,650

Employee Tax Credit €1,650

Total Tax Credit €6,845

Divide by 52 to give the weekly tax credit of €131.63.

Married couple (both working and both over 65)

Personal Tax Credit €3,300

Age Credit €490

Employee Tax Credit €1,650

Employee Tax Credit €1,650

Total Tax Credit €7,090

Divide by 52 to give the weekly tax credit of €136.35.


Other tax free allowances

You may be able to claim Mortgage Interest Relief, and/or health insurance premiums.

If you are a tenant in privately-owned accommodation, you may be able to claim an extra tax relief for rent paid.

Page edited: 14 February 2018