Noonan publishes Finance Bill 2014

Minister for Finance Michael Noonan has published the Finance Bill 2014, which includes changes to income tax and the universal social charge which were introduced in last week’s budget.

23rd October, 2014
Finance Minister Michael Noonan

Minister for Finance Michael Noonan has published the Finance Bill 2014, which includes changes to income tax and the universal social charge which were introduced in last week’s budget.

The bill will remove 80,000 of the lowest earners from the USC and will result in the top 1 per cent of earners paying 21 per cent of all income tax and USC, while the bottom 76 per cent will pay 20 per cent.

The bill also sets out the...

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