asked the Minister for Finance if he will up-date the table showing liability to income tax in respect of earned income in each of the years 1971-72 and 1972-73 of a single person, a widowed person and a married couple.
Ceisteanna—Questions. Oral Answers. - Income Tax Liability.
30.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
Earned Income.
|
Income |
Tax for 1971-72 |
Tax for 1972-73 |
|
£ |
£ |
£ |
|
Single Person |
||
|
350 |
Nil |
Nil |
|
400 |
0.35 |
Nil |
|
450 |
17.85 |
0.35 |
|
500 |
35.35 |
17.85 |
|
600 |
70.35 |
52.85 |
|
700 |
96.60 |
79.10 |
|
800 |
122.85 |
105.35 |
|
1,000 |
175.35 |
157.85 |
|
1,250 |
240.98 |
223.47 |
|
1,500 |
306.60 |
289.10 |
|
2,000 |
437.85 |
420.35 |
|
2,500 |
612.85 |
595.35 |
|
3,000 |
787.85 |
770.35 |
|
4,000 |
1,137.85 |
1,120.35 |
|
5,000 |
1,525.50 |
1,500.50 |
|
7,500 |
2,888.15 |
2,855.65 |
|
Widowed Person |
||
|
400 |
Nil |
Nil |
|
450 |
9.10 |
Nil |
|
500 |
26.60 |
9.10 |
|
600 |
61.60 |
44.10 |
|
700 |
87.85 |
70.35 |
|
800 |
114.10 |
96.60 |
|
1,000 |
166.60 |
149.10 |
|
1,250 |
232.22 |
214.72 |
|
1,500 |
297.85 |
280.35 |
|
2,000 |
429.10 |
411.60 |
|
2,500 |
604.10 |
586.60 |
|
3,000 |
779.10 |
761.60 |
|
4,000 |
1,129.10 |
1,111.60 |
|
5,000 |
1,513.00 |
1,488.00 |
|
7,500 |
2,871.90 |
2,839.40 |
|
Married Couple |
||
|
600 |
Nil |
Nil |
|
700 |
9.10 |
Nil |
|
800 |
44.10 |
19.60 |
|
900 |
79.10 |
54.60 |
|
1,000 |
114.10 |
89.60 |
|
1,250 |
179.73 |
155.23 |
|
1,500 |
245.35 |
220.85 |
|
2,000 |
376.60 |
352.10 |
|
2,500 |
551.60 |
527.10 |
|
3,000 |
726.60 |
702.10 |
|
4,000 |
1,076.60 |
1,052.10 |
|
5,000 |
1,438.00 |
1,403.00 |
|
7,500 |
2,774.40 |
2,728.90 |