Ireland's Finance Act 2017 (Act 41 of 2017) was signed into law by President Michael D. Higgins on 25 December 2017. The Finance Act includes measures announced as part of the 2018 Budget. Some of the main measures include:
- Amendments to the Universal Social Charge (USC) rates and bands as follows:
- EUR 0 – 12,012 @ 0.5%
- EUR 12,012 – 19,372 @ 2%
- EUR 19,372 – 70,044 @ 4.75%
- EUR 70,044+ @ 8%
- Self-employed income over €100,000: 3% surcharge (i.e., up to 11%)
- An increase in the income tax stand…