Cian, aged 75, who earns €65,000 in 2023. Although he is over 70, reduced USC rate bands do not apply, as his income is over the €60,000 limit.
Calculation of CIan's USC for 2023
Rate and band |
Value |
0.5% on the first €12,012 |
€60.06 |
2% on the next €10,908 |
€218.16 |
4.5% on the balance of €42,080 |
€1,893.60 |
Total |
€2,171.82 |