Arthur Spring
Question:204. Deputy Arthur Spring asked the Minister for Finance if he considers the universal social charge to be an income tax; and if he will make a statement on the matter. [36780/13]
View answerDáil Éireann Debate, Thursday - 18 July 2013
204. Deputy Arthur Spring asked the Minister for Finance if he considers the universal social charge to be an income tax; and if he will make a statement on the matter. [36780/13]
View answerThe position is that Section 12 of the Taxes Consolidation Act 1997 provides that Income tax is chargeable on all property, profits and gains described in Schedules C, D, E and F. These Schedules are defined in sections 17, 18, 19 and 20 of the Taxes Consolidation Act 1997.
Universal social charge is a tax on income specified in the Table to section 531AM of the Taxes Consolidation Act 1997. Therefore, while universal social charge is a tax on income, it is not income tax within the meaning of the Income Tax Acts.