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Latvia vs Ireland
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇱🇻 Latvia
vs
🇮🇪 Ireland
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

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Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
20–31%
31% top; NATO spending affecting fiscal balance
No change
20–40%
Planned USC reforms; top 40% rate unchanged
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
12–21%
21% standard maintained
No change
9–23%
Standard 23% maintained
No change

Corporate Tax Rate

Corporate Tax Rate
20%
20% distributed profits; Pillar Two active
No change
12.5–15%
15% effective for large MNCs; 12.5% for SMEs
No change

Capital Gains Tax

Capital Gains Tax
20%
20% as income
No change
33%
No change proposed
No change

Social Security & Payroll

Social Security / Payroll
~35.09%
Contribution rates stable; pension II pillar growing
No change
~15.05%
Auto-enrolment pension system launching
No change
State, Regional & Local Taxes

🇱🇻 LatviaMunicipal Income Tax

Latvia's 119 municipalities levy a local income tax portion — 80% of income tax goes to municipalities, 20% to the state. The effective split means municipalities directly benefit from local earnings. Property tax (nekustamā īpašuma nodoklis) is set by municipalities at 0.2%–3% of cadastral value. Latvia uses the progressive income tax system introduced in 2018 (replacing the flat 23%). Vehicle tax and business risk duty are national.

🇮🇪 IrelandLocal Property Tax & USC

Ireland has no regional or municipal income tax. The Universal Social Charge (USC) is a national levy (0.5%–8%). Local Property Tax (LPT) is set nationally but collected by local authorities. Commercial rates are set by local councils. Ireland's 12.5% corporate rate attracted multinationals, though Pillar Two now effectively raises this to 15% for large groups.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Latvia vs Ireland: Key Tax Differences (2026)

💰 Income Tax: 🇮🇪 Ireland has a higher top income tax rate (20–31% vs 20–40%). 🇱🇻 Latvia is more favourable for high earners.

🛒 VAT/Sales Tax: Ireland has a higher consumption tax (12–21% vs 9–23%).

🏢 Corporate Tax: 🇮🇪 Ireland offers a lower corporate rate (15% vs 20%), which can influence business location decisions.

📈 Capital Gains: 🇱🇻 Latvia taxes investment gains at a lower rate (20% vs 33%), benefiting investors.

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All 🇱🇻 Latvia comparisons →All 🇮🇪 Ireland comparisons →