Pearse Doherty
Question:195. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,800 from USC. [21226/18]
View answerDáil Éireann Debate, Tuesday - 15 May 2018
195. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,800 from USC. [21226/18]
View answer196. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €19,698 from USC. [21227/18]
View answer197. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,176 from USC. [21228/18]
View answer198. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,384 from USC. [21229/18]
View answer199. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,592 from USC. [21230/18]
View answer200. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,280 from USC. [21231/18]
View answerI propose to take Questions Nos. 195 to 200, inclusive, together.
I am advised by Revenue that the estimated costs of increasing the exemption threshold for USC to the levels set out by the Deputy are given in the following table:
USC Exemption Threshold € |
First Year €m |
Full Year €m |
19,698 |
48 |
57 |
20,176 |
54 |
63 |
20,280 |
55 |
65 |
20,384 |
56 |
66 |
20,592 |
58 |
69 |
20,800 |
61 |
72 |
These estimates have been generated by reference to 2018 incomes as calculated on the basis of actual data for the year 2015, the latest year for which returns are available, adjusted as necessary for income, self-employment and employment trends in the interim. The estimates are provisional and may be revised.