The income tax exemption limits for those aged 65 or over are also being increased. The new limits will be €15,500 for single persons and €31,000 for married persons. This represents an extra €500 and €1,000, respectively. The increase in the exemption limits will remove an additional 2,200 elderly taxpayers from the tax net. These income tax measures will cost €287 million in a full year. In three years, these limits have increased in value by almost 44%.