payroll

What is PAYE (Ireland)?

Pay As You Earn is the system Irish employers use to deduct income tax, PRSI and USC from employee wages and pay them to Revenue in real time. Since 2019, Ireland has operated under PAYE Modernisation, requiring employers to report payroll on or before each pay date.

Current Rate (1 January to 31 December)

20% standard rate up to €44,000 (single), 40% above. Plus PRSI and USC.

Example

An Irish employee earning €50,000 pays approx. €8,800 income tax, €2,000 PRSI (4%) and €1,025 USC, leaving roughly €38,175 net (before tax credits).

How PAYE (Ireland) works in Ireland

Under PAYE Modernisation, every payroll run generates a Payroll Submission Request (PSR) to Revenue before the employee is paid. Revenue then calculates the next month's PAYE/PRSI/USC liability and provides a statement. Employers must remit this through ROS by the 14th (paper) or 23rd (ROS) of the following month.

The standard rate cut-off and tax credits depend on each employee's circumstances and are communicated to the employer via a Revenue Payroll Notification (RPN). Directors of close companies generally cannot use the PAYE Tax Credit on salary from their own company.

Confused by Ireland accounting jargon?

AccountsOS explains Ireland terms in plain English and applies the right rules to your books automatically.

Try Free