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Chapter 2
Universal Social Charge
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Amendment of section 531AN of Principal Act (rate of charge)
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2. (1) Section 531AN of the Principal Act is amended—
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(a) in subsection (3), by the substitution of “€21,295” for “€20,687”,
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(b) in subsection (4), by the substitution of “2023” for “2022”, and
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(c) by the substitution of the following for Part 1 of the Table to that section:
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“Part 1
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Part of aggregate income
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Rate of universal social charge
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(1)
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(2)
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The first €12,012
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0.5 per cent
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The next €9,283
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2 per cent
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The next €48,749
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4.5 per cent
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The remainder
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8 per cent
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”.
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(2) Subsection (1) applies for the year of assessment 2022 and each subsequent year of assessment.
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