Tax for the over 66s

amandstu

If you are in receipt of a contributory state pension ,how much can you earn on top before tax kicks in ?

Does the situation change if a full non contributory pension is being received?

Calahonda52

amandstu wrote: »

If you are in receipt of a contributory state pension ,how much can you earn on top before tax kicks in ?

Does the situation change if a full non contributory pension is being received?

The second one will be means tested once the threshold limits are reached.

The first one depends on what allowances you have.

http://www.citizensinformation.ie/en/social_welfare/

Geuze

amandstu wrote: »

If you are in receipt of a contributory state pension ,how much can you earn on top before tax kicks in ?

Does the situation change if a full non contributory pension is being received?

https://www.revenue.ie/en/personal-tax-credits-reliefs-and-exemptions/marital-and-civil-status/exemption-and-marginal-relief/index.aspx

People over 65 can pay less income tax, as they have an exemption, which does not apply to under 65.

18,000 single
36,000 married couple

splinter65

amandstu wrote: »

If you are in receipt of a contributory state pension ,how much can you earn on top before tax kicks in ?

Does the situation change if a full non contributory pension is being received?

Tax wise everyone is different OP as everyone has different circumstances.
Make sure you are claiming all the tax credits you are entitled to.
You have to do that yourself , Revenue won’t do it automically.
On the SW end of it , your con pension will remain the same irregardless of pension.
If you have a non-con you can earn €200 per week and still keep all your pension.

Gooser14

Don't forget USC will be payable on non state pension earnings if they exceed the exemption limit.

amandstu

Gooser14 wrote: »

Don't forget USC will be payable on non state pension earnings if they exceed the exemption limit.

Is the exemption limit for the USC higher for the over 65s than for the under 65s in the same way as it seems to be for income tax in general?

From a quick look at your link it seems to kick in at 12,012 which is lower than the 18000 mentioned by Geueze for income tax.

Is the income from a pension taken into account when calculating the thresholds ?(the USC seems to be applicable at some rate for all earnings,starting at 0.5%)

Gooser14

Income from state pensions is not subject to USC and is not used in the USC calculation. Income from private and/or work pensions and any other income is subject to USC.

The USC rate is different for those aged 70 & over.

amandstu

splinter65 wrote: »

On the SW end of it , your con pension will remain the same irregardless of pension.

I don't quite see what you are saying here.

splinter65

amandstu wrote: »

I don't quite see what you are saying here.

Sorry my mistake. Your con pension will stay the same regardless of any other income.