What income do you not pay USC ? You do not pay the Universal Social Charge if your total income for a year is under €13,000. (If you are aged 70 or over or a medical card holder aged under 70 and your aggregate income for the year is €60,000 or less you pay a…
What is a P21 ? A PAYE Balancing Statement (P21) is a statement of your total income from all sources for a particular year and gives a breakdown of your tax credits, income tax and Universal Social Charge (USC) paid during the tax year. You may wish to request a P21 for a grant or…
Dwelling house relief You can receive a house by inheritance or gift and not pay inheritance or gift tax if a) you continuously occupy the house as your main residence for three years before the inheritance or gift b) you are not beneficially entitled to any other dwelling home at date of gift or inheritance c) you are under…
