Tuesday, January 25, 2011

New changes proposed to USC

The minister for finance Mr Brian Lenihan has said that he will introduce the following changes to the implementation of the Universal Social Charge

  • Medical card holders will not have to pay USC at the top 7% rate only at the lower rates
  • The self-employed will pay an extra 3% surcharge on earnings over €100,000.00
We will post further details as they become available.

Tuesday, January 11, 2011

WORKING TIME ACT – TIME FOR A CHANGE?

Working time legislation has been in place since 1997. The basic thrust of the regulations is that workers may not work more than an average of 48 hours a week, are entitled to daily and weekly rest periods, and to 4 weeks’ paid holiday. Of course, no legislation, particularly coming from Europe, is ever quite so simple. The average hours are calculated over a 4 month period; young workers can only work 40 hours a week, certain sectors of workers are excluded; and the definition of what constitutes work is open to disagreement.