asked the Minister for Finance if he will give in respect of earned income the amount of tax and the effective rate for (a) single persons, (b) married couples without children and (c) married couples with two children under eleven years for the incomes set out in the first column of tables 65 and 73 of the 44th Annual Report of the Revenue Commissioners.
Written Answers. - Income Tax.
107.
Following is the statement:
(a) Single persons
|
Income |
Income Tax (including Sur-tax) 1968-69 |
Effectiverate of tax |
|||
|
£ |
£ |
s. |
d. |
s. |
d. |
|
300 |
Nil |
— |
|||
|
325 |
3 |
8 |
3 |
0 |
2½ |
|
350 |
9 |
19 |
6 |
0 |
7 |
|
400 |
23 |
2 |
0 |
1 |
2 |
|
450 |
36 |
4 |
6 |
1 |
7½ |
|
500 |
49 |
7 |
0 |
1 |
11½ |
|
600 |
75 |
12 |
0 |
2 |
6 |
|
700 |
101 |
17 |
0 |
2 |
11 |
|
800 |
128 |
2 |
0 |
3 |
2½ |
|
900 |
154 |
7 |
0 |
3 |
5 |
|
1,000 |
180 |
12 |
0 |
3 |
7½ |
|
1,250 |
246 |
4 |
6 |
3 |
11½ |
|
1,500 |
311 |
17 |
0 |
4 |
2 |
|
1,750 |
377 |
9 |
6 |
4 |
4 |
|
2,000 |
443 |
2 |
0 |
4 |
5 |
|
2,500 |
618 |
2 |
0 |
4 |
11½ |
|
3,000 |
793 |
2 |
0 |
5 |
3½ |
|
5,000 |
1,533 |
0 |
0 |
6 |
1½ |
|
7,000 |
2,572 |
18 |
0 |
7 |
4 |
|
10,000 |
4,712 |
16 |
0 |
9 |
5 |
|
15,000 |
8,712 |
16 |
0 |
11 |
7½ |
|
20,000 |
12,712 |
16 |
0 |
12 |
8½ |
|
50,000 |
36,712 |
16 |
0 |
14 |
8 |
|
100,000 |
76,712 |
16 |
0 |
15 |
4 |
(b) Married couples without children
|
Income |
Income Tax (including Sur-tax) 1968-69 |
Effective rate of tax |
|||
|
£ |
£ |
s. |
d. |
s. |
d. |
|
500 |
Nil |
— |
|||
|
600 |
19 |
12 |
0 |
0 |
8 |
|
700 |
45 |
17 |
0 |
1 |
3½ |
|
800 |
72 |
2 |
0 |
1 |
9½ |
|
900 |
98 |
7 |
0 |
2 |
2 |
|
1,000 |
124 |
12 |
0 |
2 |
6 |
|
1,250 |
190 |
4 |
6 |
3 |
0½ |
|
1,500 |
255 |
17 |
0 |
3 |
5 |
|
1,750 |
321 |
9 |
6 |
3 |
8 |
|
2,000 |
387 |
2 |
0 |
3 |
10½ |
|
2,500 |
562 |
2 |
0 |
4 |
6 |
|
3,000 |
737 |
2 |
0 |
4 |
11 |
|
5,000 |
1,453 |
0 |
0 |
5 |
9½ |
|
7,000 |
2,468 |
18 |
0 |
7 |
6½ |
|
10,000 |
4,584 |
16 |
0 |
9 |
2 |
|
15,000 |
8,584 |
16 |
0 |
11 |
5½ |
|
20,000 |
12,584 |
16 |
0 |
12 |
7 |
|
50,000 |
36,584 |
16 |
0 |
14 |
7½ |
|
100,000 |
76,584 |
16 |
0 |
15 |
4 |
(c) Married couples with two children not over eleven years
|
Income |
Income Tax (including Sur-tax) 1968-69 |
Effective rate of tax |
|||
|
£ |
£ |
s. |
d. |
s. |
d. |
|
800 |
Nil |
— |
|||
|
900 |
3 |
17 |
0 |
0 |
1 |
|
1,000 |
30 |
2 |
0 |
0 |
7 |
|
1,250 |
95 |
14 |
6 |
1 |
6½ |
|
1,500 |
161 |
7 |
0 |
2 |
2 |
|
1,750 |
226 |
19 |
6 |
2 |
7 |
|
2,000 |
292 |
12 |
0 |
2 |
11 |
|
2,500 |
467 |
12 |
0 |
3 |
9 |
|
3,000 |
642 |
12 |
0 |
4 |
3½ |
|
5,000 |
1,342 |
12 |
0 |
5 |
4½ |
|
7,000 |
2,318 |
0 |
0 |
6 |
7½ |
|
10,000 |
4,368 |
16 |
0 |
8 |
9 |
|
15,000 |
8,368 |
16 |
0 |
11 |
2 |
|
20,000 |
12,368 |
16 |
0 |
12 |
4½ |
|
50,000 |
36,368 |
16 |
0 |
14 |
6½ |
|
100,000 |
76,368 |
16 |
0 |
15 |
3½ |