Government says USC will be phased out and they have no intention of raising property tax

The Government has said a briefing paper which says scrapping USC could add 10% to income tax bills is not relevant.

Government says USC will be phased out and they have no intention of raising property tax

The Government has said a briefing paper which says scrapping USC could add 10% to income tax bills is not relevant.

The Department of Finance has said they have no intention to abolish the Universal Social Charge in one go - but rather to phase it out.

They also said there is no intention to raise the property tax in this year's budget.

The briefing paper outlines ways to cover the shortfall from getting rid of the USC - including adding €1.50 to the price of a pint.

Sinn Féin's Pearse Doherty says hikes on income tax and the cost of petrol and diesel would have to be looked at: "The reality here is and what people need to realise is if you get rid of this amount of tax,then it has to be made up somewhere.

" It is either through other types of indirect taxes, which is what the Department of Finance was proposing or it is a reduction of services which means the crisis in housing, in health, in education will continue to go unresolved."

more courts articles

Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van
Man in court over alleged false imprisonment of woman Man in court over alleged false imprisonment of woman

More in this section

Military accident Two further deaths on Irish roads after collisions in Roscommon and Dublin
Russian invasion of Ukraine Demand for State-provided beds to Ukrainians decreasing
Armagh crash Police conducting ‘thorough and sensitive’ investigation into fatal Armagh crash
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited