The reductions to USC that were announced in Budget 2017 will have a fairly small effect on most people’s take home pay in 2017. In many cases – the extra weekly take home pay will be less than the €5 a week rise given to welfare and pension recipients. Details of USC changes 2017 Here […]
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USC
USC Changes 2017
Decreased USC in 2017 The USC (Universal Social Charge) was cut in Budget 2017– and one of the band limits has been raised slightly to keep minimum wage workers out of that band. (18668 increased to 18772) These are the new rates of USC that will come into effect on January 1st 2017 Zero – […]
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USC Calculation for 2016 – How Much Difference Will it Make ?
The reductions to USC that were announced in Budget 2016 were heralded as a massive change prior to the Budget . We saw headlines in one paper saying that it would mean an extra €1000 in workers take home pay – but that was rubbish. The changes to the USC in 2016 will result in […]
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Budget 2016 Summary
A summary of all the main Irish Budget 2016 details and changes are listed below . Tobacco: 50c on a pack of 20 cigarettes Alcohol – no changes USC rates cut and thresholds raised – resulting in €772 million of extra take home income for workers : See details of USC Changes Here Capital Acquisitions […]
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What happened in Budget 2016?
Update – See Summary of all the Budget 2016 Changes Here Back in April this year we heard from Minister Noonan that we can expect somewhere in the region of €1.5 billion extra in the 2016 Budget – which will make it the first positive Irish Budget for 8 years. That figure of €1.5 billion […]
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