Written answers
Thursday, 18 July 2013
Department of Finance
Tax Code
Arthur Spring (Kerry North-West Limerick, Labour)
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204. To ask the Minister for Finance if he considers the universal social charge to be an income tax; and if he will make a statement on the matter. [36780/13]
Michael Noonan (Limerick City, Fine Gael)
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The position is that Section 12 of the Taxes Consolidation Act 1997 provides that Income tax is chargeable on all property, profits and gains described in Schedules C, D, E and F. These Schedules are defined in sections 17, 18, 19 and 20 of the Taxes Consolidation Act 1997.
Universal social charge is a tax on income specified in the Table to section 531AM of the Taxes Consolidation Act 1997. Therefore, while universal social charge is a tax on income, it is not income tax within the meaning of the Income Tax Acts.
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