Tax Credit Certificates – Basic Tax Credits

Basic Tax Credits: Everybody is entitled to certain tax credits. The Government sets these each year. The basic personal tax credit is as follows:

Tax Year  2008 2009 2010 2011 2012 2013
Married Persons 3,660 3,660 3,660 3,300 3,300 3,300
Single Person  1,830 1,830 1,830 1,650 1,650 1,650
PAYE Tax Credit 1,830 1,830 1,830 1,650 1,650 1,650

The PAYE tax credit is not available to certain shareholder Directors of a Company.