Sean Fleming
Question:38. Deputy Sean Fleming asked the Minister for Finance the cost of exempting a further 90,000 persons from the universal social charge; and if he will make a statement on the matter. [12212/15]
View answerDáil Éireann Debate, Wednesday - 25 March 2015
38. Deputy Sean Fleming asked the Minister for Finance the cost of exempting a further 90,000 persons from the universal social charge; and if he will make a statement on the matter. [12212/15]
View answerI am informed by the Revenue Commissioners that the estimated first and full year cost to the Exchequer of exempting a further 90,000 individuals from liability to the Universal Social Charge is €60 million and €82 million respectively.
All figures above are estimates for 2015, using the actual data for the year 2012 (the latest year for which data are available) adjusted as necessary for income, self-employment and employment trends in the interim. They are provisional and may be revised.