Taxes Consolidation Act 1997 section 531AW

Repayments

Section 531AW deals with the settlement of underpayments and overpayments of universal social charge (USC).

  • Any underpayment of USC must be paid to the Collector-General, and any overpayment must be repaid by the Collector-General.
  • Where an individual's aggregate income for a year of assessment does not exceed €13,000, the individual is not liable to USC.
  • Any USC deducted from the income of such an individual must be repaid by Revenue on receipt of a valid claim.
  • For the purposes of such a repayment, the USC is treated as if it were income tax.

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