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USC may never be abolished

Michael Noonan has hinted that the Universal Social Charge might never be abolished. The Finance Min...
TodayFM
TodayFM

6:11 AM - 15 Oct 2014



USC may never be abolished

News

USC may never be abolished

TodayFM
TodayFM

6:11 AM - 15 Oct 2014



Michael Noonan has hinted that the Universal Social Charge might never be abolished.

The Finance Minister says the charge brings in too much money - and it's easier to change than income taxes are.

USC was cut for lower earners yesterday, but raised for higher ones - and it's responsible for around a quarter of all income tax.



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