Written answers
Wednesday, 14 November 2012
Department of Finance
Universal Social Charge
Pearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance the amount of universal social charge paid per week and per annum by a person on the minimum wage salary. [50204/12]
Michael Noonan (Limerick City, Fine Gael)
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The amount of Universal Social Charge payable per week and per annum by a person on the minimum wage, aged less than 70 and not in receipt of medical card is €10.51 per week and €546.74 per annum.
Computation
Individual earning the minimum wage, aged less than 70 and not in receipt of a full medical card.
| Income | €17,542 |
Universal Social Charge
| € 5,980 @ 4% | = €239.20 |
|---|---|
| €10,036 @ 2% | = €200.72 |
| € 1,526 @ 7% | = €106.82 |
The amount of Universal Social Charge payable per week and per annum by a person on the minimum wage and in receipt of full medical card is €9.63 per week and €500.96 per annum.
Computation
Individual earning the minimum wage and in receipt of a full medical card.
| Income | €17,542 |
Universal Social Charge
| €10,036 @ 2% | = €200.72 |
|---|---|
| € 7,506 @ 4% | = €300.24 |
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