Dáil Éireann Debate, Tuesday - 6 November 2012
249. Deputy Dan Neville asked the Minister for Finance the position regarding universal social charge in respect of a person (details supplied) in County Limerick; and if he will make a statement on the matter. [48436/12]
View answerThe position is that for 2012 individuals are liable to pay the Universal Social Charge if their income exceeds the threshold of €10,036 per annum. As the taxpayer's gross income from a pension fund exceeds this threshold, the taxpayer is liable to pay Universal Social Charge of 2% on the first €10,036, and 4% on the balance of the taxpayer's gross pension.
