Karl’s Budget 2015 Calculator Is Here [UPDATED]



Karl Monaghan

Budget 2015.

Does it suit YOU?

Karl’s Budget 2015 calculator (powered by TaxCalc.ie) now includes all of this afternoon’s data.

The calculator handles the following changes:

  • USC rates changed
  • Incomes of €12,012 or less are exempt
  • €0 to €12,012 @ 1.5%
  • €12,013 to €17,576 @ 3.5%
  • €17,577 to €70,044 @ 7%
  • €70,044 to €100,000 @8%
  • PAYE income in excess of €100,000 @ 8%
  • Self-employed income in excess of €100,000 @ 11%
  • Standard rate band of income tax increased by €1,000 from €32,800 to €33,800 for single individuals and from €41,800 to €42,800 for married one earner couples.
  • Top rate of income tax dropped from 41% to 40%
  • Extra €5 a month per child for Child Benefits


Click HERE

And there’s another 10 free TaxCalc iOS apps:

In case you’re wondering how the numbers are checked, they’re tested against the Department of Finance’s Budget Documents.

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38 thoughts on “Karl’s Budget 2015 Calculator Is Here [UPDATED]

  1. andyourpointiswhatexactly

    WOO HOO! I get 32 whole extra snots a month. I’ll DEFFO vote FG now: that really takes the sting out of the water charges and USC.

    1. The People's Hero

      Actually it’s not.. a ‘no-no’…. it’s quite the done thing, perfectly acceptable – sartorially speaking – in all but formal circumstances.

      That said, that’s not a navy suit.

      The problem with that suit is that it’s too small for him and the trousers are far too tight in the lower leg. There’s no appropriate break in the hem and this will cause too high a rise in the leg…

  2. Spartacus

    Karl, your tax calculator doesn´t have an “unemployed” drop down. Unemployed people pay tax too.

  3. Not The Revenue

    Just change your joint assessment marginal band from €66,600 to €67,600 and you’ll have a nice calculator there

  4. Padraic

    I get that you need snappy labels for something like this but I hope everyone gets that public servants are PAYE workers too right?

    1. Karl Monaghan

      The reason for the distinction is to account for the mandatory pension contribution that public servants make. I used not to have that in and I got a heap of complaints about it.

  5. Casey

    Hang on HANG on, people – we are being had here.
    Karl does not look like that,
    That is LAST years photeee – he’s a whole year more grisly now
    Why the recycled photo Karl?
    What you hiding?
    An outranged anon on the internet demands to know

  6. John

    Is it just me or does he look like a slightly heavier version of that Italian dude currently on x-factor?? but in a suit:)

Comments are closed.

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