USC 2017 – How Much of a Cut ?

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

Here is a simple table showing how the USC changes will affect a single earner. (Changes from January 2017)

Gross
Wage    USC 2016       USC 2017         Diff/Yr           Diff/Wkly
18000      300               215                          242                   5 ***   see below
20000      393               290                         103                  1.98
25000      668               540                         128                   2.46
30000     943               790                           153                  2.94
35000    1218            1040                           178                  3.42
55000    2318            2040                           278                 5.34
70000    3143            2790                          353                  6.79

So – someone on the median wage of around €30,000 a year will see a decrease of just 2.94 a week in USC which is €153 a year or €12.75 a month.

*** €18000 wage assumes they are on min wage and wage will rise in line with min wage increase