asked the Minister for Finance (a) the total amount collected from income tax each year for the past ten years; (b) the total number of people paying income tax; and (c) the rate in the £.
Ceisteanna—Questions. Oral Answers. - Income Tax Revenue.
14.
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:
|
Year |
Total amount of income tax collected |
Estimated number of taxpayers |
Rate of income tax |
|
(1) |
(2) |
(3) |
(4) |
|
£ |
% |
||
|
1962-63 |
33,942,983 |
290,000 |
31? |
|
1963-64 |
37,242,228 |
320,000 |
31? |
|
1964-65 |
45,234,396 |
400,000 |
31? |
|
1965-66 |
52,289,754 |
450,000 |
31? |
|
1966-67 |
60,751,857 |
525,000 |
35 |
|
1967-68 |
66,868,371 |
580,000 |
35 |
|
1968-69 |
77,308,869 |
635,000 |
35 |
|
1969-70 |
89,698,532 |
650,000 |
35 |
|
1970-71 |
112,837,768 |
630,000 |
35* |
|
1971-72 |
148,477,455 |
Not available |
35 |
|
(provisional) |
* For the year 1970-71 the first £100 of an individual's taxable income was charged at 23?%.