1. Income Tax Income Tax Pro Forma Computation (Taxpayer Name)
Income Tax Computation for the year ended 31st December 2015 €
Income xxx
Less Reliefs/Allowances (xxx)
Taxable Income xxx
Taxed as follows:
xxx
xxx
xxx
Less Non-Refundable Credits (xxx)
Less Refundable Credits (xxx)
Income Tax Liability/(Overpayment) xx(xx)

2. Income Tax Calculation of Tax Dependent personal circumstances
Single person with no children
First €33,800 at 20%
Remainder at 40%
Single person with a child(children)
First €37,800 at 20%

3. Income Tax Calculation of Tax Married couple with one income
First €42,800 at 20%
Remainder at 40%
Married couple with two incomes
First €42,800 (with an increase of €24,800 max) at 20%

4. Income Tax Example John O’Shea, 28, single Salary €38,000
PAYE deducted €1,000
Non-Refundable Tax Credits €3,300
Tax Reliefs €1,000
Calculate John’s income tax liability or overpayment