More tax changes from 1 January 2024 in brief
The rate in Box 2 will be increased by a two-tier rate, with the top rate rising to 33% for incomes above €67,000 (€134,000 for tax partners). The rate in Box 3 will be increased to 36% The SME profit exemption will be reduced to 13.31%, a less steep drop than originally proposed. The abolition of the IACK will be postponed until 2027, with a gradual phase-out starting from that date.