Tuesday November 24, 2020

USC cuts to save workers only €5 per week

Noonan meets with Fianna Fáil to hammer out details of budget

25th September, 2016
Minister Michael Noonan Pic: RollingNews.ie

Tax cuts set to be announced in next month’s budget will only benefit low and middle income earners by €5 a week or less.

The government is examining proposals to reduce the two lowest rates of Universal Social Charge (USC) – currently 1 per cent and 3 per cent – by 0.5 per cent each with limited scope for tax cuts in the Budget. Minister for Finance Michael Noonan has said repeatedly that...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Related Stories

Large public capital projects could be run through an “independent panel of international experts” as part of public spending reforms, according to the Department of Public Expenditure

Daniel Murray | 1 year ago

The contract covers the supply of office stationery to a range of government bodies and agencies, including the HSE, universities, hospitals, councils and schools

Michael Brennan | 1 year ago

Party would launch the ‘largest public house building programme that Ireland has ever seen’ and a national health service

Aiden Corkery | 1 year ago