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If a person's income is less than €13,000 they pay no Universal Social Charge (USC). (This limit was €4,004 in 2011, €10,036 from 2012 to 2014 and €12,012 in 2015.) Once income is over this limit, a person pays the relevant rate of USC on all income. For example, a person with income of €13,000 will pay no USC.
USC is a clothing retailer that sells branded clothing across the United Kingdom and Ireland. The company was founded in 1989 in Edinburgh and has been owned by the Frasers Group since 2011. As of January 2025, the company owns stores in the United Kingdom , Ireland , Spain , Portugal , Latvia , Lithuania , Luxembourg , Belgium , Czech Republic ...
Former Finance Minister, Charlie McCreevy, reduced Irish corporate tax from 32% to 12.5% in the 1999 Finance Act, and whose 1997 Tax and Consolidation Act laid the framework for Ireland's BEPS tax tools. [1] Ireland's Corporate Tax System is a central component of Ireland's economy. In 2016–17, foreign firms paid 80% of Irish corporate tax ...
The 2010 Budget was described by commentators in Ireland and around the world in unusually harsh terms as €4 billion was removed from the country's national deficit. It was characterised by pay cuts for public sector workers and cuts in social welfare.
Deposit interest retention tax (DIRT; Irish: Cáin Choinneála ar Ús Taisce) is a form of tax on interest earned on bank accounts in Republic of Ireland that was first introduced in the 1980s. In Ireland, income from any source is reckonable for taxation purposes.
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