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Dáil Éireann debate -
Thursday, 7 Mar 1963

Vol. 200 No. 6

Written Answers. - Revenue from Increased Income Tax.

60.

asked the Minister for Finance the estimated extra revenue in a full year which would result from an increase of fourpence in the standard rate of income tax to six and eightpence.

By reference to the yield of income tax expected in the current year, the extra revenue which would result from an increase of fourpence in the standard rate of tax, i.e., from 6s. 4d. to 6s. 8d. in the £, would be £1,780,000 in a full year.

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