money ireland

USC Rates 2021

Summary of USC Rates in 2021 There was a very small adjustment announced to the Universal Social Charge (USC) in Budget 2021. In 2021 the USC threshold was raised in line with the increase to the minimum wage ...
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moneyguide ireland

Budget 2021: A Summary

The 2021 Budget was announced at 1pm Tuesday 13th October 2020. A summary of the main items that will directly affect people's income or outgoings is given below .Updated October 16th 9 am Summary of Budget 2021 Income ...
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money ireland

Taxation of the Covid Wage Subsidy

Revenue has always stated that the Covid Wage Subsidy will be subject to USC and Income Tax eventually - but not while it is being paid out.Employees will be liable for any tax on the subsidy amount by ...
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Calculation of Universal Social Charge (USC)

Calculation of Universal Social Charge (USC)

The USC - Universal Social Charge was introduced in January 2011 -  It was supposed to replace the Income Levy and the Health levy. Many lower paid workers would have previously been exempt from the Income Levy and ...
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money

Budget 2019 – How Much Extra in Your Take Home Pay?

There were some USC and Income Tax cuts announced in Budget 2019  and they took effect from January 1st 2019 . But just how much will your Take Home Pay Increase in 2019 ? The changes will be ...
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rates

Universal Social Charge in Ireland

See 2019 USC Charges Here The 2011 Budget in Ireland introduced a new tax on income called the Universal Social Charge (USC) which began in January 2011. This was the last Budget of the Fianna Fail/ Green coalition ...
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