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Universal Social Charge Yield

Dáil Éireann Debate, Wednesday - 25 September 2013

Wednesday, 25 September 2013

Questions (62)

Pearse Doherty

Question:

62. Deputy Pearse Doherty asked the Minister for Finance the amount of revenue raised per quarter in 2013 from extending USC to over 70s with large pensions over €60k as announced in Budget 2013. [39886/13]

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Written answers

The change I announced in the 2013 Budget to apply the standard rates of USC to those aged 70 years of age or over and medical card holders earning €60,000 and above was estimated to yield €25 million in 2013. However, I am informed by the Revenue Commissioners that figures of USC receipts are not captured in such a manner as would enable the impact of this change to be separately identified.

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