Home > Financial > 80% of Irish want the USC tax to go

80% of Irish want the USC tax to go

Written by Robert McHugh, on 21st Jun 2016. Posted in Financial

article headline

Over half of Irish people want to see the Universal Social Charge (USC) scrapped asap, whereas a further 29% think it needs to be phased out over the next few years.
 
This is according to a new survey released today by Taxback.com.

The Universal Social Charge (USC) is a tax on income that replaced both the income levy and the health levy (also known as the health contribution) since 1 January 2011.

You pay the USC if your gross income is more than €13,000 per year. (This limit was €4,004 in 2011, €10,036 from 2012 to 2014 and €12,012 in 2015).
 
The survey also highlights general consumer sentiment towards taxation in Ireland overall – with 42% saying it taxes the poor too much and the rich too little.

Twenty eight per cent say they don’t mind paying tax but they don’t know where it all goes – they’d like to see more accountability while 19% say it discriminates against those who have some money – but are not considered rich – middle income Ireland.
 
Tax and Payroll Director at www.taxback.com, Christine Keily commented, "In every country there is always going to be some discontent with the way taxes are gathered – but in Ireland it seems that most people know that taxes are a necessary evil but are not happy because they think they are taken unfairly from those who don’t have it & others are disheartned by the fact that they don’t see that we are getting good bang for our buck."

Source: www.businessworld.ie

About us

More articles from Financial

image Description

Household balance sheets stronger than ever says Central Bank

Read more
image Description

Government expects significant economic rebound

Read more
image Description

44% of Irish firms expect business activity to increase in next three months

Read more
image Description

ESRI predicts strong recovery in 2021 despite longer than expected restrictions

Read more
image Description

Taoiseach tells Biden that UK and EU must stand by Brexit trade rules

Read more