Income Exempt from USC
What income is exempt from universal social charge (USC)
The following payments are exempt from USC:
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- all payments received from the Department of Employment Affairs and Social Protection (DEASP)
- payments that are similar to DEASP payments, but paid by another body
- Your income will be exempt from USC if it is less than €13,000
- income on which Deposit Interest Retention Tax (DIRT) has already been paid
- early childcare supplement
- some employer benefits, such as travel passes, Cycle to Work Scheme
- income qualifying for Childcare services relief
- income qualifying for Rent a room relief
- income from scholarships
- pre-retirement access to Additional Voluntary Contributions (AVCs).
Any queries on the above give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie