USC Charge - What should it really be called

Cuttlefish

Every time I look at my pay slip and the amount of money taken for the USC charge it sickens me.


Universal Social Charge - Is this the right name for this?


What would you call it?

lkionm

U Suck Cock

shopaholic01

Bailout repayment fund.

Ghost Buster

Cuttlefish wrote: »

Every time I look at my pay slip and the amount of money taken for the USC charge it sickens me.


Universal Social Charge - Is this the right name for this?


What would you call it?

The 'Our citizens are walking ATMs' fund.

zl1whqvjs75cdy

Banditry.

darkpagandeath

Not used to pay the councils as advertised tax

Captain Chaos

Recession tax.

DrumSteve

The u stupid ***** charge.

snubbleste

De political party fund

Cuttlefish

In all seriousness I think the Government should state exactly what the charge is

As mentioned above

Bailout Tax
Nama Money

Whatever the right phrase should.

Lawrence1895

Robbery

super_furry

The Fianna Fail Fund.

Celly Smunt

The income tax that's not an income tax but really is an income tax tax.

ArtyC

The why bother work tax, every time I see it I feel like packing it all in. I've cracked teeth, no money for dentist, I pay my small loan, my bills, my rent and sit in planning to a t my shopping budget. All on 44hrs work at minimum wage.... I pay €100 tax every week... I hate what this USC does to me. That extra fifty euro a week could pay driving lessons, savings maybe or feck it a new dress... Would make life so much better

gobnaitolunacy

They could have called it anything; seahorse tax, gooseberry jam tax, old timey bike with the big front wheel tax...it all gets pissed away in the end.

Wacker The Attacker

The "universal suck off the man charge"

wp_rathead

the "sure we all partied" tax

The J Stands for Jay

The "look, we kept our promise not to increase tax rates tax"

Zebra3

Bailout of private businesses by the people tax.

Labour TDs will soon be calling it the Itmadeusunemployed tax.

Fratton Fred

The "won't someone think of all the retired fianna fail TDs living on huge pensions" tax.

wes

Paying for someone else mistakes tax!

hansfrei

Pay your taxes in cash. Wipe your arse with every note before you hand it over.

Son Of A Vidic

shopaholic01 wrote: »

Bailout repayment fund.

Wait, there's something missing there....

shopaholic01 wrote: »

The bailout the German and French banks fund.

Sh1tbag OToole

Where have all the defenders of the status quo gone?

If I were a Fine Gael spin doctor now I would be hiring in paid shills from India now because the local boys are clearly slacking. Not one lad saying how great the USC is or at least going on about the unfortunate reality that we now have about 200bn we need to pay off and that there is no escaping from it.

Caonima

DrumSteve wrote: »

The u stupid ***** charge.

I'll have a C, please Bob. And a U, and an N, and both a T and an S.

wmpdd3

Its the bank tax....even outsourced payroll staff outside Ireland call it the bank tax.

Mint Sauce

In answer to the OPs question, we have this tax with the fancy title, that goes in the same big pot with every other tax, but we want to appear to be doing something, and earning our money, out of guess what, your earnings, but we thought USC would be easier.

ArtyC wrote: »

The why bother work tax, every time I see it I feel like packing it all in. I've cracked teeth, no money for dentist, I pay my small loan, my bills, my rent and sit in planning to a t my shopping budget. All on 44hrs work at minimum wage.... I pay €100 tax every week... I hate what this USC does to me. That extra fifty euro a week could pay driving lessons, savings maybe or feck it a new dress... Would make life so much better

100 a week tax on minimum wage? Thats over a 1/4 of your wages.

:eek:

Is this your first job, less than year in current job, on emergency tax?

I'd be checking your getting all the tax credits your entitled to. I average 42hrs a week, €10 an hour (slightly over minimum wage), and my deductions between tax, USC, and PRSI only come to around €80 a week

Richard Hillman

Socialism

Sh1tbag OToole

Mint Sauce wrote: »

In answer to the OPs question, we have this tax with the fancy title, that goes in the same big pot with every other tax, but we want to appear to be doing something, and earning our money, out of guess what, your earnings, but we thought USC would be easier.



100 a week tax on minimum wage? Thats over a 1/4 of your wages.

:eek:

Is this your first job, less than year in current job, on emergency tax?

I'd be checking your getting all the tax credits your entitled to. I average 42hrs a week, €10 an hour (slightly over minimum wage), and my deductions between tax, USC, and PRSI only come to around €80 a week

Bargain! You'd almost be happy to see it go.

Geuze

Note that the USC is just a tax, it replaces two previous levies:

the Health levy
the Income levy

So most people (not all) do not pay any more due to the USC, they pay more or less the same as they previously paid in the two levies.

Most people think that it is a new tax.

It is, in some sense, as the name is new, but it simply replaced two previous levies.

Some people pay less in USC than the two previous levies.

Zebra3

Richard Hillman wrote: »

Socialism

For the rich.

Geuze

See section 3.6.4 here:

http://ec.europa.eu/economy_finance/publications/economic_paper/2013/pdf/ecp502_en.pdf

"The Universal Social Charge, like any tax increase, was not welcomed by the public.
Taxpayers experienced a drop in net income in Budget 2011. Many people thought the USC
was the reason for the reduction in their net income. This was not the case for many
taxpayers.

The reason many income earners saw reductions in their net income was due to the
reduction in income tax credits and bands that also occurred in Budget 2011. Most taxpayers
earning over €26,000 per annum would have benefited from the introduction of the USC all
other things being equal; particularly those earning between €26,000 and €35,000 who had
been suffering disproportionately from the sudden impact of the 4% Health Levy.

While many income earners would be better off under the USC than the Income Levy and
Health Levy combined, there are a significant number who will pay more tax as a result of
the introduction of the USC. This is due to the fact that there were many exemptions from the
Income Levy and Health Levy. The entry points to paying these charges were relatively high
and the numbers of exempt individuals were also high. For example, only 989,000 income
earners paid the Health Levy – this is less than half the total number of income earners on the
tax record and was due to the high exemption threshold to the levy as well as the different
types of income and income earners that were exempted from the levy."

Mint Sauce

Sh1tbag OToole wrote: »

Bargain! You'd almost be happy to see it go.

Anything in my pocket is better than in the tax mans, but my point is there must be something seriously amiss with ArtyC tax status if she is really paying what she claims she is.

wmpdd3

http://i39.tinypic.com/289dc13.jpg

The hiring a solicitor as an accountant tax