In the 2013 Budget the standard rates of USC – i.e 7% will apply to those aged 70 and over of age and over and medical card holders (PAYE/self-employed income earners) earning €60,000 and above with effect from 1 January 2013.
They previously paid 3% USC
I am over 70 years. Will the 7% USC charge apply to all USC chargable income or only on the excess over €60,000 with the rest at the reduced rates. JJW