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Dáil Éireann debate -
Wednesday, 26 Apr 1939

Vol. 75 No. 8

Written Answers. - Income Tax Rates.

asked the Minister for Finance if he will state in respect of the year ended March, 1939, the amount and the effective rate of income-tax in the case of married couples entitled to an allowance for three children, where the income is all earned income, and amounts to £450, £500, £600, £700, £800, £900, £1,000, £1,250, £1,500, £2,000 per annum.

The information required is set out in the following table:—

INCOME ALL "EARNED" INCOME

Total Actual Income

Amount of Income Tax

Effective Rate

£

£

s.

d.

s.

d.

450

Nil

Nil

500

1

13

9

1

600

12

7

6

5

700

32

12

6

11

800

52

17

6

1

4

900

73

2

6

1

1,000

93

7

6

1

10½

1,250

144

0

0

2

1,500

194

12

6

2

7

2,000

302

12

6

3

asked the Minister for Finance if he will state in respect of the year ended March, 1939, the amount and the effective rate of income-tax and surtax in the case of married persons entitled to an allowance for three children, where the income is all earned income and amounts to £1,500, £2,000, £2,500, £3,000, £4,000, £5,000, £6,000, £7,000, £8,000, £9,000, £10,000 per annum.

The information required is set out in the following table:—

INCOME ALL "EARNED" INCOME.

Total Actual Income

Amount of Income Tax

Amount of Surtax

Total Tax

Effective Rate

£

£

s.

d.

£

s.

d.

£

s.

d.

s.

d.

1,500

194

12

6

Nil

194

12

6

2

7

2,000

302

12

6

12

10

0

315

2

6

3

2

2,500

415

2

6

37

10

0

452

12

6

3

7

3,000

527

12

6

62

10

0

590

2

6

3

11

4,000

752

12

6

150

0

0

902

12

6

4

6

5,000

977

12

6

275

0

0

1,252

12

6

5

0

6,000

1,202

12

6

437

10

0

1,640

2

6

5

6

7,000

1,427

12

6

637

10

0

2,065

2

6

5

11

8,000

1,652

12

6

837

10

0

2,490

2

6

6

3

9,000

1,877

12

6

1,075

0

0

2,952

12

6

6

7

10,000

2,102

12

6

1,312

10

0

3,415

2

6

6

10

asked the Minister for Finance if he will state in respect of the year ended March, 1939, the amout and the effective rate of income-tax in the case of married couples entitled to an allowance for three children, where the income is all investment income, and amounts to £450, £500, £600, £700, £800, £900, £1,000, £1,250, £1,500, £2,000 per annum.

The information required is set out in the following table:—

INCOME ALL "INVESTMENT" INCOME.

Total Actual Income

Amount of Income Tax

Effective Rate

Total Actual Income

Amount of Income Tax

Effective Rate

£

£

s.

d.

s.

d.

£

£

s.

d.

s.

d.

450

5

1

3

900

100

2

6

2

500

10

13

9

5

1,000

122

12

6

2

600

32

12

6

1

1

1,250

178

17

6

2

10½

700

55

2

6

1

7

1,500

235

2

6

3

800

77

12

6

1

11½

2,000

347

12

6

3

asked the Minister for Finance if he will state in respect of the year ended March, 1939, the amount and the effective rate of income-tax and surtax in the case of married persons entitled to an allowance for three children, where the income is all investment income and amounts to £1,500, £2,000, £2,500, £3,000, £4,000, £5,000, £6,000, £7,000, £8,000, £9,000, £10,000 per annum.

The information required is set out in the following table:—

INCOME ALL "INVESTMENT" INCOME.

Total Actual Income

Amount of Income Tax

Amount of Surtax

Total Tax

Effective Rate

£

£

s.

d.

£

s.

d.

£

s.

d.

s.

d.

1,500

235

2

6

Nil

235

2

6

3

2

2,000

347

12

6

12

10

0

360

2

6

3

7

2,500

460

2

6

37

10

0

497

12

6

4

0

3,000

572

12

6

62

10

0

635

2

6

4

3

4,000

797

12

6

150

0

0

947

12

6

4

9

5,000

1,022

12

6

275

0

0

1,297

12

6

5

2

6,000

1,247

12

6

437

10

0

1,685

2

6

5

7

7,000

1,472

12

6

637

10

0

2,110

2

6

6

0

8,000

1,697

12

6

837

10

0

2,535

2

6

6

4

9,000

1,922

12

6

1,075

0

0

2,997

12

6

6

8

10,000

2,147

12

6

1,312

10

0

3,460

2

6

6

11

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