Michael McGrath (Cork South Central, Fianna Fail)
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Individuals who hold a full medical card with total income of €60,000 per annum or less may benefit from reduced rates of Universal Social Charge (USC).

To qualify for the reduced USC rates the individual does not need to hold the medical card for the full year, the reduced rates apply once the individual holds a full medical card for any period during the year. The reduced rates of USC that apply for 2024 are 0.5 per cent on the first €12,012 of income and 2 per cent on the balance. Taxpayers that can avail of this concession are not subject to the 4 per cent USC rate of charge, as would be the case for all other taxpayers.