Standard Rate Cut Off 2024. The two levels for a single person in 2022 are as follows: The amt exemption amount for tax year 2024 for single filers is $85,700 and begins to phase out at $609,350 (in 2023, the exemption amount for.

The following tables show the tax rates, rate bands and tax reliefs for the tax year 2024 and the previous tax years. I am increasing the standard rate income tax cut off point of €2,000 to bring entry to the higher rate of income tax to €42,000;