The Universal Social Charge will affect how you pay Preliminary Tax for the 2011 tax year. This will fall due on 31 October 2011.
before the Social Charge you would have had to pay
- 90% of your 2011 liability
- 100% of your 2010 liability
- 105% of your 2009 liability if paying by direct debit, where 2009 liability greater than zero
Now these amounts must include an extra provision for the Universal Social Charge. The charge did not apply for 2010. Therefore, the preliminary Tax should be calculated as if the USC had existed. ROS software is being adjusted to assist the taxpayer in the calculation