D dublin100 Registered User Messages 66 24 Feb 2014 #1 I rent a out a house which has a mortgage on it. In calculating the USC, should I be using 45 or 7% and does the rate apply from 2014? I'm in full time work earning approx 50k. My partenr works part time earning approx 45k. We rent the house we live in. Thanks
I rent a out a house which has a mortgage on it. In calculating the USC, should I be using 45 or 7% and does the rate apply from 2014? I'm in full time work earning approx 50k. My partenr works part time earning approx 45k. We rent the house we live in. Thanks
R ronaldo Registered User Messages 477 24 Feb 2014 #3 On your current level of earnings, I believe USC will be calculated at 7% on the additional rental income.
On your current level of earnings, I believe USC will be calculated at 7% on the additional rental income.