EXEMPTION LIMITS

CORPORATION TAX

EXEMPTION LIMITS

Personal CircumstancesTax Year 2016Tax Year 2017
Single or Widowed or a
Surviving Civil Partner, 65
years of age & over
€18,000€18,000
Married or in a Civil Partnership,
65 years of age & over
€36,000€36,000

 

The above exemption limits are increased by €575 for each of the first two dependent children and by €830 for the third and subsequent children. Marginal Relief may apply, subject to an income limit of twice the relevant exemption limit.