asked the Minister for Finance if he will give the following information for the tax years 1970, 1971, 1972, 1973, 1974 and 1975: (a) total business profits, professional earnings and net rents from business lettings in the State; (b) total corporate taxes of all kinds on (a); (c) total rates paid by all such businesses; (d) total wage and salary incomes; (e) total income and surtaxes paid on (d); (f) total rates paid on dwelling houses; (g) total agricultural income; (h) total income and surtaxes paid on (g); and (i) total rates paid on agricultural holdings.
Written Answers. - Income and Tax Statistics.
72.
Income tax statistics are not compiled in such a manner as would enable the precise information requested to be given. The following information which, in some instances, consists of estimates and in other cases gives particulars of incomes in slightly different categories from those requested, may, however, be of assistance:
|
1970-71 |
1971-72 |
1972-73 |
1973-74 |
1974 1 |
1975 2 |
|
|
£m. |
£m. |
£m. |
£m. |
£m. |
£m. |
|
|
(a) Gross income assessed to tax under Schedule D (profits from business, professions, British dividends, rents, etc.) |
320.9 |
368.1 |
397.3 |
459.6 |
* |
* |
|
(b) Net receipt of Schedule D income tax and corporation profits tax3 |
58.3 |
69.0 |
63.6 |
67.0 |
32.3 |
82.9 |
|
(c) Total rates paid by all businesses referred to at (a) |
||||||
|
See table in Note (4) |
||||||
|
(d) Gross income charge to tax under Schedule E (remuneration in respect of employments) |
634.8 |
791.8 |
954.7 |
1,146.2 |
* |
* |
|
(e) Net receipt of Schedule E income tax 3 |
73.3 |
99.1 |
124.8 |
170.2 |
156.0 |
274.3 |
|
Net receipt of sur-tax 3 |
3.8 |
4.4 |
4.5 |
5.4 |
— |
— |
|
(f) Total rates paid on dwelling houses |
||||||
|
See table in Note (4) |
||||||
|
(g) Income from self-employment and other trading income in agriculture5 |
181.1 |
200.4 |
276.5 |
364.8 |
318.0 |
* |
|
(h) Total income and sur-tax paid on (g) |
— |
— |
— |
— |
— |
0.1 |
|
(i) Total rates paid on agricultural holdings |
||||||
|
See table in Note (4) |
*Not yet available.
Notes
1 Nine months to December 31st, 1974.
2 Year to December 31st, 1975.
3 As the break-down of the sur-tax receipt between Schedules D and E taxpayers is not available, the amounts at (b) and (e) for the years 1970-71 to 1973-74, inclusive, exclude sur-tax. Particulars of sur-tax receipts for those years are given separately after heading (e). The amounts shown for the nine months to December 31st, 1974, and for the year 1975 include income tax charged at the higher rates (which replaced sur-tax from April 6th, 1974).
4 Amounts of rates paid by different sectors from 1970-71 to 1975 (Break-down of the 1975 estimate is not available).
|
Category |
1970-71 |
1971-72 |
1972-73 |
1973-74 |
Calendar year |
|
|
1974 |
1975 |
|||||
|
£m. |
£m. |
£m. |
£m. |
£m. |
£m. |
|
|
(i) Farm buildings (excluding farm dwellings) and land |
11.1 |
13.3 |
15.4 |
15.1 |
16.3 |
— |
|
(ii) Government property |
1.2 |
1.8 |
2.1 |
2.2 |
3.2 |
3.0 |
|
(iii) Local Authority dwellings |
3.8 |
4.6 |
5.2 |
5.1 |
5.0 |
— |
|
(iv) Other dwellings, businesses, etc. |
35.1 |
41.8 |
49.5 |
51.1 |
54.4 |
— |
|
Total rates |
51.2 |
61.5 |
72.2 |
73.5 |
78.9 |
87.9 |
5 The income relates to the calendar years 1970 to 1974, inclusive.