Posts tagged with 'usc'
Income Tax in 2025
There were some USC and Income Tax changes announced in Budget 2025 and they came into effect from January 1st 2025 . From January 1st 2025 there was an increase of €2000 in the income tax standard rate ...
USC Rates 2025
Summary of Universal Social Charge Rates in 2025 The 2011 Budget in Ireland introduced a new tax on income called the Universal Social Charge (USC) which began in January 2011. There were some adjustments announced to the Universal ...
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 ...
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 ...
USC Rates after Budget 2018
Budget 2018 USC Reductions As expected there were some adjustments to the Universal Social Charge (USC) in Budget 2018 . These new reduced USC rates and bands apply from Jan 1st 2018 The 2.5% rate of USC will ...
€150 Income Tax Cut For Some – Budget 2018
Budget 2018 Changes to Income Tax As expected there were some small reductions to Income Tax in Budget 2018. From January 1st 2018 there will be an increase of €750 in the income tax standard rate band for ...