Budget 2024

USC cuts on the table, Tánaiste and Minister for Finance confirm

The Business Post reported at the weekend that the government is planning the most significant cut to the controversial Universal Social Charge since its introduction

Finance Minister Michael McGrath, Tanaiste Micheal Martin and Fianna Fail party chairman Brendan Smith speaking during a Fianna Fail party event at the Horse and Jockey Hotel in Thurles, Co. Tipperary.

The Tánaiste and the Minister for Finance have confirmed that they are looking at cuts to the Universal Social Charge (USC) as part of a wider income tax package in Budget 2024.

The Business Post reported at the weekend that the government is planning the most significant cut to the controversial Universal Social Charge since its introduction, and increase the entry point to the higher rate of tax in Budget 2024 on October 10.

The ...