Main Menu

  • Home
  • Broadband
  • Cryptocurrency
  • Discount Codes
  • Energy
  • Investments
  • Money Transfers
  • Savings Rates
  • Stocks and Shares

Money Guide Ireland

Money Matters Simplified

Popular

  • Home
  • Amazon Prime
  • Bank Charges
  • Credit Cards
  • Exchange Rates
  • Exchange Traded Funds
  • Mortgages
  • N26 Vs Revolut
  • Loans
  • Money Saving Tips
  • Welfare Benefits

Universal Social Charge – How Much Will You Pay in 2015

Posted on October 14, 2014 1 Comment

A summary of the Budget 2015 changes to USC is given here 

What most people will want to know is how the changes will actually affect their take home pay.
For most people with a gross income below  €75k – it will mean less USC and more take home pay.

If your gross pay is between  €17550 and €70,000  (majority of people) your annual  USC will fall by  €174 a year (€14.50 a month) .
Someone earning €12k a year would be paying  €279 USC in 2014 – they will pay no USC in 2015

Higher earners will pay more USC under the new rules – with someone on a salary of  €100k paying €125 more USC in 2015. But the Income Tax changes in Budget 2015  will mean they will pay less Income Tax – so in all cases their take home pay will be more overall.

Categories: Budget 2015, Universal Social Charge, USC

One thought on “Universal Social Charge – How Much Will You Pay in 2015”

  1. Ross on October 20, 2014 at 20:54 said:

    True, but overall tax will increase for employees earning over 70k p.a. where they make individual contributions to pension schemes. The increase is 1% of the contribution amount because the USC applies and its not offset by the higher rate tax decrease. Private pensions hit again…and people are only talking about the future removal of the pension levy.

Comments are closed.

« Budget 2015 – USC Changes
Budget 2015 : Water Charges Tax Relief »

Popular Articles

  • Amazon Prime Ireland
  • Best Credit Cards
  • Bank Holidays in Ireland 2023
  • Budget 2023 Summary
  • Budget 2022
  • Compare Electricity
  • Discount Codes
  • Dual Fuel Deals
  • Cheapest Electricity
  • Electric Cars in Ireland
  • Euro Pound Exchange Rate
  • Minimum Wage
  • Money Saving Tips
  • Money Transfers
  • N26 Vs Revolut
  • Property Tax
  • Revolut in Ireland
  • Send Money To The UK.
  • Stocks and Shares
  • Switching Mortgage

Investing

  • How to Buy Shares in Ireland
  • Buy Fractional Shares in Ireland
  • Buying Exchange Traded Funds
  • Investment Trusts Vs ETFs
  • Tax on Shares
  • How to Buy Bitcoin
  • CFD Trading in Ireland
  • How to Invest in Gold in Ireland.
  • Buy Cryptocurrencies in Ireland
  • Tax on Cryptocurrency in Ireland
  • Degiro Review
  • Etoro in Ireland
  • Trade Republic
  • Spread Betting

More Articles

Amazon Prime Ireland

Recently Updated

  • NCT Booking Delays : Can You Get a Free NCT?
  • Euro to Pound Exchange Rate News
  • Bank Holidays in Ireland 2023
  • Comparison of Electricity Prices in Ireland
  • Cheapest Dual Fuel Deal in Ireland
  • BUX Zero Trading App
  • Investment Trusts Vs ETFs
  • Cheapest Gas Prices in Ireland
  • ECB Interest Rate History
  • Lowest Mortgage Rates in Ireland
  • Switching Mortgage in Ireland : How Much Can You Save?
  • Cheapest Broadband Deals in Ireland.
  • Fixed Rate Electricity and Gas.
  • Best Deposit Rates in Ireland
  • Trade Republic

Links

  • Facebook Page
  • Follow on Twitter
  • Home
  • About Us
  • Privacy