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Dáil Éireann debate -
Tuesday, 4 May 1965

Vol. 215 No. 5

Written Answers. - Earned Income and Tax Payments.

49.

asked the Minister for Finance if he will give particulars of earned income and tax payable in 1938-39 and 1964-65 in the form of replies of 28th May, 1958 and 3rd June 1958.

Following is the information:

SINGLE PERSONS

(1)

(2)

(3)

(4)

Income (Earned)

1938-39 Income Tax Rates

1964-65 Income Tax Rates

Income Tax liability as percentage of income

(a)

(b)

(a)

(b)

(a)

(b)

(a)

(b)

1938-39 Income

*Equivalent 1964-65 Income

1938-39 actual liability

*Equivalent 1964-65 liability

Actual liability on income in Col. 1 (b)

Percentage increase of Col. 3 (a) in relation to Col. 2 (b)

1938-39 Col. 2 (a) and 1 (a)

1964-65 Col. 3 (a) and 1 (b)

£

£

£

s.

d.

£

s.

d.

£

s.

d.

100

304

200

608

4

13

9

14

5

0

70

6

0

393

2.3

11.6

300

912

16

17

6

51

6

0

142

10

0

178

5.6

15.6

400

1,216

35

12

6

108

6

0

214

14

0

98

8.9

17.7

500

1,520

55

2

6

167

11

7

286

18

1

71

11.0

18.9

600

1,824

75

7

6

229

2

9

359

2

1

57

12.6

19.7

700

2,128

95

12

6

290

14

0

441

8

9

52

13.7

20.7

800

2,432

115

17

6

352

5

2

537

14

1

53

14.5

22.1

900

2,736

136

2

6

413

16

4

633

19

5

53

15.1

23.2

1,000

3,040

156

7

6

475

7

7

730

4

10

54

15.6

24.0

MARRIED PERSONS

(1)

(2)

(3)

(4)

Income (Earned)

1938-39 Income Tax Rates

1964-65 Income Tax Rates

Income Tax liability as percentage of income

(a)

(b)

(a)

(b)

(a)

(b)

(a)

(b)

1938-39 Income

*Equivalent 1964-65 Income

1938-39 actual liability

*Equivalent 1964-65 liability

Actual liability on income in Col. 1 (b)

Percentage increase of Col. 3 (a) in relation to Col. 2 (b)

1938-39 Col. 2 (a) and 1 (a)

1964-65 Col. 3 (a) and 1 (b)

£

£

£

s.

d.

£

s.

d.

£

s.

d.

100

304

200

608

19

12

8

3.2

300

912

2

16

3

8

11

0

91

16

8

974

0.9

10.1

400

1,216

13

2

6

39

18

0

164

0

8

311

3.3

13.5

500

1,520

32

12

6

99

3

7

236

4

8

138

6.5

15.5

600

1,824

52

17

6

160

14

10

308

8

8

92

8.8

16.9

700

2,128

73

2

6

222

6

0

390

15

4

76

10.4

18.4

800

2,432

93

7

6

283

17

2

487

0

8

72

11.7

20.0

900

2,736

113

12

6

345

8

5

583

6

0

69

12.6

21.3

1,000

3,040

133

17

6

406

19

7

679

11

4

67

13.4

22.4

MARRIED PERSONS WITH TWO CHILDREN

(1)

(2)

(3)

(4)

Income (Earned)

1938-39 Income Tax Rates

1964-65 Income Tax Rates

Income Tax liability as percentage of income

(a)

(b)

(a)

(b)

(a)

(b)

(a)

(b)

1938-39 Income

*Equivalent 1964-65 Income

1938-39 actual liability

*Equivalent 1964-65 liability

Actual liability on income in Col. 1 (b)

Percentage increase of Col. 3 (a) in relation to Col. 2 (b)

1938-39 Col. 2 (a) and 1 (a)

1964-65 Col. 3 (a) and 1 (b)

£

£

£

s.

d.

£

s.

d.

£

s.

d.

100

304

200

608

300

912

15

16

8

1.7

400

1,216

88

0

8

7.2

500

1,520

8

8

9

25

13

0

160

4

8

525

1.7

10.5

600

1,824

25

17

6

78

13

4

232

8

8

195

4.3

12.7

700

2,128

46

2

6

140

4

5

314

15

4

124

6.6

14.8

800

2,432

66

7

6

201

15

7

411

0

8

104

8.3

16.9

900

2,736

86

12

6

263

6

10

507

6

0

93

9.6

18.5

1,000

3,040

106

17

6

324

18

0

603

11

4

86

10.7

19.9

*The "equivalent 1964-65" figures represent the 1938-39 figures adjusted by reference to the Consumer Price Ind ex at mid-February, 1964.

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