The Universal Social Charge is a tax payable on gross income, including notional pay, after any relief for certain capital allowances, but before pension contributions.
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Medical card holders and individuals aged 70 years and older whose aggregate income does not exceed €60,000 will now pay a maximum USC rate of 2% (January 2018). Incomes of €13,000 or less will continue to be exempt from USC in 2018. Once your income is over this limit, you will pay the relevant rate of USC on all of your income as follows: | |||||||||||
| 2011 - 2014 | Rate | 2015 | Rate | 2016 | Rate | 2017 | Rate | 2018 | Rate | 2019 | Rate |
| On the first €10,036 | 2% | On the first €12,012 | 1.5% | On the first €12,012 | 1% | On the first €12,012 | 0.5% | On the first €12,012 | 0.5% | On the first €12,012 | 0.5% |
| On the next €5,980 | 4% | On the next €5,564 | 3.5% | Income from €12,012.01 to €18,668 | 3% | Income from €12,012.01 to €18,772 | 2.5% | Next €7,360 | 2% | Income from €12,012.01 to €19,874 | 2% |
| On the balance | 7% | On the next €52,468 | 7% | Income from €18,668.01 to €70,044 | 5.5% | Income from €18,772.01 to €70,044 | 5% | Next €50,672 | 4.75% | Income from €19,874.01 to €70,044 | 4.50% |
| On the balance | 8% | Income above €70,044 | 8% | Income above €70,044 | 8% | Balance | 8% | Income above €70,044 | 8% | ||