Catherine Murphy (Kildare North, Social Democrats)
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143. To ask the Minister for Finance the estimated cost in 2020 if the universal social charge rate of 0.5% was discounted for persons earning between €12,012 and €19,000. [51690/19]

Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the cost to the Exchequer of exempting individuals who earn between €12,012 and €19,874 from the 0.5% Universal Social Charge (USC) band is estimated to be in the order of €22 million. The Deputy will be aware that individuals who earn under €13,000 per annum are exempt from the USC.

In order to provide an indicative costing to the Deputy, Revenue advised that it was necessary to increase the upper figure in her question from €19,000 to €19,874 to align with the current ceiling on the 2% USC rate band.