2. Amendment of section 531AN of Principal Act (rate of charge)
(1) Section 531AN of the Principal Act is amended -
(a) in subsection (3) -
(i) by substituting "€19,372" for "€18,772", and
(ii) by substituting "2 per cent" for "2.5 per cent",
(b) in subsection (3A)(a) by substituting "2 per cent" for "2.5 per cent",
(c) in subsection (4) by substituting "2020" for "2018", and
(d) by substituting the following Table for the Table to that section:
|
Part of aggregate income (1) |
Rate of universal social charge (2) |
|
The first €12,012 |
0.5 per cent |
|
The next €7,360 |
2 per cent |
|
The next €50,672 |
4.75 per cent |
|
The remainder |
8 per cent |
|
Part of aggregate income (1) |
Rate of universal social charge (2) |