There were some USC and Income Tax cuts announced in Budget 2019 and they took effect from January 1st 2019 .
But just how much will your Take Home Pay Increase in 2019 ?
The changes will be so small – most people probably won’t even notice them.
Here is a table with some examples of the 2019 increases in take home pay for various annual salaries.
( Single Earner – Figures rounded to the nearest Euro)
| Gross Annual Salary |
Net Monthly Pay 2018 |
Net Monthly Pay 2019 |
Monthly Increase |
Annual Increase |
| €12,000 |
€1240 | €1240 | €0 | €0 |
| €20,000 | €1550 | €1551 | €1 | €14 |
| €25,000 |
€1819 | €1823 | €2 | €27 |
| €35,000 |
€2405 | €2417 | €12 | €142 |
| €45,000 |
€2832 | €2851 | €19 | €227 |
| €60,000 |
€3473 | € 3495 | €22 | €264 |
It’s interesting to note that Pensions and Welfare payments went up by €5 a week or €260 a year in March 2018 and will go up by the same amount in March 2019.
For PAYE workers , after the 2019 USC and tax cuts , a single person on €25000 salary a year will see just a €27 annual take home pay increase. Ten times less than the annual increase to pensions and social welfare.
A single working person will have to be earning at least €60000 a year to see an annual rise in take home pay of €260 in 2019.
Here are some more figures from Budget 2019 comparing the various areas of spending .
- Total spend on increases to Social Welfare in 2019 €361.6 Million.
(This includes €265 million on the Christmas Bonus.) - Total combined reduction in Income Taxes and USC for 2019 : €291 million
- (€105m USC ; €138m Tax Band Changes ;
- €21m Home Carer credit
- and €27m Self Employed Tax Credit.)
More here about those €5 a week Welfare Increases in 2019
Summary of USC Rates in 2019
Incomes of €13,000 are exempt. Otherwise:
€0 – €12,012 0.5%
€12,012 – €19,874 2%
€19,874 – €70,044 4.5%
€70,044 plus 8%
Self -employed income over €100,000 : 3% surcharge