Written answers
Thursday, 1 December 2011
Department of Finance
Tax Code
5:00 pm
Joe Higgins (Dublin West, Socialist Party)
Link to this: Individually | In context
Question 50: To ask the Minister for Finance the reason the threshold for qualification to pay the universal social charge was set at €4,004.00 per annum; and if he will raise this figure considerably in budget 2012. [38088/11]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context
The Universal Social Charge is designed to apply on a wide base with no special exemptions. However, an exemption threshold at €4,004 per annum is included for administrative reasons. It is a long-standing practice of the Minister for Finance not to comment in advance of the Budget on any tax matters that might be the subject of Budget decisions.
No comments