Section 531AN TCA 1997 is amended to provide that with effect from 1 January 2017, USC for low and middle income earners is as follows:

First 12,012 @ 0.5%

Next €6,760 @ 2.5%

Next €51,272 @ 5%

Section 2 also makes a technical amendment to deal with the payment of USC where there are more than 52 paydays in a year.