Paul Donnelly
Question:144. Deputy Paul Donnelly asked the Minister for Finance the estimated yield if the 8% USC rate were increased by a further 0.75%. [47144/23]
View answerThursday, 26 October 2023
Questions (144)
Written answers
I am advised by Revenue that the estimated yield to the Exchequer on a first and full year basis for the proposal outlined by the Deputy would be of the order of €195 million and €240 million respectively.
It should be noted that page 4 of Revenue’s Ready Reckoner, available on the Revenue website, is available for the Deputy’s attention at the following link:
www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx
In addition, costs and yields other than those shown in the Ready Reckoner can be extrapolated using a straight line or pro-rata calculation.