Finance & Irish taxes
Pension Lump Sum Income Tax Calculator Ireland
Use previous retirement lump sums to calculate remaining lifetime bands and Income Tax on a proposed payment. This free pension lump sum income tax calculator ireland shows the calculation and its assumptions so you can compare your own figures.
Your results
Use previous retirement lump sums to calculate remaining lifetime bands and Income Tax on a proposed payment.
Rules checked for 2026 on 2026-10-06. Scope: Lifetime Income Tax bands; excludes USC
Calculated outcomes
- Tax Free
- €100,000.00
- Standard Rate Slice
- €200,000.00
- Higher Rate Slice
- €0.00
- Remaining Tax Free Allowance
- €0.00
Assumptions and estimates
- Income Tax only, not final net cash. Aggregate retirement lump sums received since 7 December 2005. Amounts above the lifetime €500,000 band can also attract USC through PAYE; USC and any special foreign-pension treatment are not included. Scheme entitlement to take a lump sum is a separate question.
- Method: Lifetime cumulative first €200,000 is tax-free; the next €300,000 is taxed at 20%; the remainder at 40%. Allocate only the proposed payment to the remaining bands.
- Income Tax only: after-Income-Tax amount is not final net cash. The slice above €500,000 can also attract USC through PAYE, which is excluded. Scheme withdrawal limits and special foreign-pension treatment are not assessed.
Sources: Revenue retirement lump-sum taxation
Useful next steps
- Use Compare options to test an alternative side by side.
- Check the official sources above before relying on the figure.
- Copy, print or download a record of this calculation when you need one.
Reports open your email app addressed to s@s1.ie with the public page address only. Your inputs are never added.
How the retirement lump-sum income tax calculation works
Lifetime cumulative first €200,000 is tax-free; the next €300,000 is taxed at 20%; the remainder at 40%. Allocate only the proposed payment to the remaining bands.
Income Tax only: after-Income-Tax amount is not final net cash. The slice above €500,000 can also attract USC through PAYE, which is excluded. Scheme withdrawal limits and special foreign-pension treatment are not assessed.
Applicable rules year: 2026. Sources checked 2026-10-06: Lifetime Income Tax bands; excludes USC Published rules are used, not proposed changes.
Using this calculator
- Enter your own figures in the labelled inputs. Keep the currencies, units and time periods consistent.
- Choose any applicable rate profile, pattern or assumption shown for this tool. Open additional inputs when relevant.
- Review income tax and after income tax, then read the stated assumptions and eligibility conditions before using the result.
Official sources and further information
Worked example
This is a static example using illustrative inputs, not facts about you or today’s date. The displayed eligibility selections and assumptions apply only to this example.
See example inputs
- Proposed retirement lump sum (€)
- 300000
- Previous retirement lump sums since 7 December 2005 (€)
- 100000
- Income Tax
- €40,000.00
- After Income Tax
- €260,000.00