The USC – Universal Social Charge was first introduced in January 2011 – and workers were liable for USC as soon as they earned €77 a week. (4004 a year)
The 2012 Budget introduced some changes so that people earning a gross income under €10036 a year are now exempt from USC.
It sounds good – but it means that the take home pay of someone on €10000 a year will increase by just €3.85 a week . But – it’s an increase which is better than a decrease !
Here is a breakdown showing the amounts of USC deductions you can expect from your pay in 2012.
|
Annual
Salary |
Monthly Gross Pay |
Weekly
Pay |
Annual USC |
Monthy
USC |
Weekly
USC |
| 1000 | 83.33 | 19.23 | 0 | 0.00 | 0.00 |
| 4000 | 333.33 | 76.92 | 0 | 0.00 | 0.00 |
| 5000 | 416.67 | 96.15 | 0 | 0 | 0.00 |
| 6000 | 500.00 | 115.38 | 0 | 0 | 0.00 |
| 7500 | 625.00 | 144.23 | 0 | 0 |
0.00 |
| 9000 | 750.00 | 173.08 | 0 | 0 | 0.00 |
| 10000 | 833.33 | 192.31 | 0 | 0 | 0.00 |
| 12500 | 1041.67 | 240.38 | 299 | 24.94 | 5.76 |
| 15514 | 1292.83 | 298.35 | 420 | 34.99 | 8.07 |
| 16000 | 1333.33 | 307.69 | 439 | 36.61 | 8.45 |
| 17000 | 1416.67 | 326.92 | 509 | 42.40 | 9.78 |
| 18000 | 1500.00 | 346.15 | 579 | 48.23 | 11.13 |
| 20000 | 1666.67 | 384.62 | 719 | 59.90 | 13.82 |
| 25000 | 2083.33 | 480.77 | 1069 | 89.07 | 20.55 |
| 30000 | 2500.00 | 576.92 | 1419 | 118.23 | 27.28 |
| 35000 | 2916.67 | 673.08 | 1769 | 147.40 | 34.02 |
| 40000 | 3333.33 | 769.23 | 2119 | 176.57 | 40.75 |
| 45000 | 3750.00 | 865.38 | 2469 | 205.73 | 47.48 |
| 50000 | 4166.67 | 961.54 | 2819 | 234.90 | 54.21 |
| 60000 | 5000.00 | 1153.85 | 3519 | 293.23 | 67.67 |
| 70000 | 5833.33 | 1346.15 | 4219 | 351.57 | 81.13 |
| 80000 | 6666.67 | 1538.46 | 4919 | 409.90 | 94.59 |
| 100000 | 8333.33 | 1923.08 | 6319 | 526.57 | 121.52 |
Medical card holders – still pay just 4% on earnings over €10,037 a year.
Another change to USC was also introduced as part of Budget 2012 – and that is that the USC will be assessed on a cumulative basis instead of a weekly basis. This will mean there will be less chance of people underpaying USC when they have 2 low paid jobs but are earning above the threshold.
we both are old age pensioners and have a small private pension totalling euro 399.45 per month we paid universal charge on this last year as the threshold has increased to approx 10,000 are we liable for the payment this year and are social welfare pensions still exempt as we have been deducted charge from our Jan 2012 payment
Hi my weekly pay is always around 230-250euros and my employeer always charging me for USC around 17euro, is that right??? I’m not sure or it is ok, pleas help!!!
Many thanks
Ivon – if your wages are €250 after tax etc – then it could be correct. What is the gross pay before any deductions? USC of 17 would be due on a gross weekly pay of about €400
Hi thank you for answer!! unfortunately that is before tax for example my last total pay was 224.90 and from that was minus 15.74e USC what gives me 209.16 real money on my hand.So I think it is a little too much for USC. Thank you for your help!
The USC is calculated on a cumulative basis – based on your annual pay. Over the year it should all work out – and you should get a refund in your pay if you have overpaid. Was your pay higher at the start of the year ? That would explain the USC being higher.
Many thanks !!! That explain , my pay was a little higher at the start of the year it was maybe 30euro more!! thank you very much !!!