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Dáil Éireann debate -
Wednesday, 1 Feb 1978

Vol. 303 No. 2

Written Answers. - Income Tax.

317.

asked the Minister for Finance the reduction in income tax revenue if an increase of 11 per cent was granted in all bands of taxation, namely (i) £500, (ii) £1,500, (iii) £4,500, (iv) £6,000 and (v) £7,000.

The cost is estimated at £23 million in a full year.

318.

asked the Minister for Finance the reduction in revenue arising from an 11 per cent increase in all personal tax allowances in respect of the following categories: single person's, married person's, widow's and children's.

The cost of increasing the allowances in question is estimated at £29 million in a full year.

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