Tuesday, 15 May 2018

Ceisteanna (195, 196, 197, 198, 199, 200)

Pearse Doherty

Ceist:

195. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,800 from USC. [21226/18]

Amharc ar fhreagra

Pearse Doherty

Ceist:

196. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €19,698 from USC. [21227/18]

Amharc ar fhreagra

Pearse Doherty

Ceist:

197. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,176 from USC. [21228/18]

Amharc ar fhreagra

Pearse Doherty

Ceist:

198. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,384 from USC. [21229/18]

Amharc ar fhreagra

Pearse Doherty

Ceist:

199. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,592 from USC. [21230/18]

Amharc ar fhreagra

Pearse Doherty

Ceist:

200. Deputy Pearse Doherty asked the Minister for Finance the estimated cost of exempting earners at or below €20,280 from USC. [21231/18]

Amharc ar fhreagra

Freagraí scríofa (Ceist ar Finance)

I 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.