USC Calculation - Medical Card Holder Earning More Than €60000 Per Annum

bigaudio · 2015-04-12 18:14:11

Hi I have recently commenced a job earning more than €60000 per annum. I also hold a full medical card. I know that as I now earn more than €60000 then the reduced rate of USC does not apply to me and I will be paying the full 7% USC. Does anyone how Revenue will identify this? Is USC deducted in the same way as PAYE or…

12-04-2015 07:14PM

#1

bigaudio

Registered Users, Registered Users 2 Posts: 37 ✭

Join Date: July 2012

Posts: 23

Hi

I have recently commenced a job earning more than €60000 per annum. I also hold a full medical card. I know that as I now earn more than €60000 then the reduced rate of USC does not apply to me and I will be paying the full 7% USC.

Does anyone how Revenue will identify this? Is USC deducted in the same way as PAYE or will I need to actually tell Revenue. What I want to avoid is additional payments taken in future years or huge chunk taken out of my final salary.

Appreciate any help.

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#2 12-04-2015 08:04PM
allthedoyles

Registered Users, Registered Users 2 Posts: 6,891 ✭✭✭

Join Date: October 2008

Posts: 6556
As the old saying goes ................as soon as your circumstances change ,so do your entitlements .

So in your case you need to inform the relevant authorities of a change in circumstances , and this is :
The HSE

The Tax office

your employer

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