USC cuts to save workers only €5 per week
Noonan meets with Fianna Fáil to hammer out details of budget
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 ...
