I think this exercise was a good example of the power of the forum and groupthink, for problem solving. A 4K bill reduced to 41€ - can’t be bad! We are money saving experts.
And one more thought now for David - if the ‘correct’ bill for 25 is 41€ a single person, 1 part, how can 2023 and 2024 be 800€ ? Even if the income was double with Fran’s pension also, it would still be a similar bill with the 2 parts, then halved?
And that’s before even taking into account the S1 which was held, and can be easily accounted for now with 1 tick of box 8SH or 8SI (?) and Helen’s useful explanation for interest apportionment also.
PS I did track down that table George, but it got posted in another thread in reply to David - that’s something the forum is maybe not so good at is organising everything together!
posted in the All Change .. apparently
Tax & Social charges thread.
Of course it will, David and I’m sure I mentioned this previously (appreciate things can get lost between threads though!)
We don’t have your figures, however here’s a table of the rates. The rates below apply on both State and early retirement pensions.
You’ll see clearly that if your income was say 20K, you’d be in the 0% bracket if a couple, and 3.8% if single. You’ll be able to do the arithmetic on your income yourself to see if the change from couple to single comes within your 1600 figure. My rough calculation might be 20K per year at 3.8% is 200 x 4 = 800 / year so x2 = 1600 so seems to fit somewhat.
The table -
For a single person and married couples (or those in a civil partnership) the CSG rates and income limits for 2026 (2024 income) are as follows:
| Rate | Single Person | Couple |
|---|---|---|
| 0% | <€13,048 | <€20,016 |
| 3.8% | <€17,057 | <€26,167 |
| 6.6% | <€26,472 | <€40,604 |
| 8.3% | >€26,472 | >€40,604 |
source link -