Ten ways to cut that bill

Everyone can reduce their tax bills by utilising allowances and tax credits. Here are my tips

1. Receive tax-exempt income

You can receive tax-free earnings of up to:

(a) €18,000 pa if you are aged 65 or over. For a married couple, one of whom is aged 65 or over, joint earnings less than €36,000 are exempt.

(b) €15,000 pa from caring for other people’s children in your home.

(d) €50,000 pa from creative writing, composing music, art and ...