Written answers
Thursday, 27 June 2019
Department of Finance
Universal Social Charge Yield
Pearse Doherty (Donegal, Sinn Fein)
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48. To ask the Minister for Finance the revenue collected as a result of the USC in each of the past five years; the estimated revenue to be collected in 2019; and if he will make a statement on the matter. [27356/19]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the net receipts from the application of the USC in the last 5 years are as follows:
Year | USC €m |
---|---|
2014 | 3,647 |
2015 | 4,174 |
2016 | 3,968 |
2017 | 3,724 |
2018 | 3,739 |
The amount of revenue to be collected in 2019 from the application of the USC is currently estimated to be €3.9 billion.
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