asked the Minister for Finance the yield from (a) income tax, (b) PAYE, (c) sur-tax for each year from 1965; and the percentage growth for each category over the period.
Written Answers. - Taxation Yields.
475.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it circulated with the Official Report.
Following is the information requested.
|
Year |
Net receipt of income tax |
Net receipt of income tax collected under PAYE |
Net receipt of sur-tax |
|
£ |
£ |
£ |
|
|
1965-66 |
52,289,754 |
21,549,744 |
2,611,590 |
|
1966-67 |
60,751,857 |
26,967,287 |
3,236,503 |
|
1967-68 |
66,868,371 |
32,107,882 |
3,078,181 |
|
1968-69 |
77,308,869 |
38,977,763 |
3,378,735 |
|
1969-70 |
89,698,532 |
48,744,561 |
3,576,946 |
|
1970-71 |
112,837,768 |
63,255,563 |
3,806,380 |
|
1971-72 |
148,469,784 |
87,901,160 |
4,375,517 |
The growth under each head between 1965-66 and 1971-72 was 183.9 per cent for income tax, 307.9 per cent for income tax collected under PAYE and 67.5 per cent for sur-tax.