USC
Universal social charge (USC) applies at the following rates:
USC standard rates
|
First |
next |
next |
balance |
|
|
1.02.2020 |
0.5%: €12,012 |
2%: 8,472 |
4.5%: €49,560 |
8% |
|
2019 |
0.5%: €12,012 |
2%: €7,862 |
4.5%: €50,170 |
8% |
|
2018 |
0.5%: €12,012 |
2%: €7,360 |
4.75%: €50,672 |
8% |
|
2017 |
0.5%: €12,012 |
2.5%: €6,760 |
5%: €51,272 |
8% |
|
2016 |
1%: €12,012 |
3%: €6,656 |
5.5%: €51,376 |
8% |
|
2015 |
1.5%: €12,012 |
3.5%: €5,564 |
7%: €52,468 |
8% |
|
2011-2014 |
2%: €10,036 |
4%: €5,980 |
7% |
USC reduced rates
The reduced rate applies if your income is below €60,000 and you are:
- aged 70 or over, or
- a medical card holder aged under 70.*
* For 2011 and 2012 a medical card holder got the reduced rate regardless of age.
The reduced rate applies to 31.12.2020.
|
2018-2020 |
0.5%: €12,012 |
2% |
|
2017 |
0.5%: €12,012 |
2.5% |
|
2016 |
1%: €12,012 |
3% |
|
2015 |
1.5%: €12,012 |
3.5% |
|
2011-2014 |
2%: €10,036 |
4% |
USC surcharges
A 3% surcharge applies to non-employment income in excess of €100,000 (s 531AN).
A 5% USC “property surcharge” charge applies to income sheltered by area-based property incentives – accelerated capital allowances and “section 23” reliefs (s 531AAE).
Exempt
USC does not apply if total income is below:
|
2016-2020 |
€13,000 |
|
2015 |
€12,012 |
|
2012-2014 |
€10,036 |
USC does not apply to:
- Department of social protection payments.
- income already subjected to DIRT.