asked the Minister for Finance what action he proposes to take to meet the complaints of the Combined Residents Association about his recent reference to Schedule A Income Tax; and if he will make a statement on the matter.
Ceisteanna—Questions. Oral Answers. - Schedule A Income Tax.
6.
Mr. Ryan
I replied to the Association on 16 June pointing out that the Commission on Income Taxation did not state that the abolition of Schedule A tax would result in a saving of £1 million annually to the Exchequer.
In fact, the total net produce of income tax under Schedule A for 1961/62, the latest year for which figures are available, was £1.3 million.