The annual fee of an Irish taxpayer is based on a percentage of their taxable income and is set by the Tax Commission and the Revenue Commissioners.
The cost of living varies according to where they live.
The calculator is based off of this formula: A cost of €100 for a family of 4 people is €60.00 (or 0.8%).
A cost of $100 for 4 people in a family would be €80.00 ($96.50).
A cost $100 (or 1.2%) for a couple of people is $110.00, or 4.8%.
The calculator assumes a monthly basic monthly salary of €8,000 and a yearly salary of $16,000.
For more information, visit the Tax Commissioner’s website.