asked the Minister for Finance the average amount of income tax paid by (a) farmers and (b) self-employed, in each of the past five years.
Written Answers. - Income Tax Payments.
97.
Following is the information requested:
|
Year |
Average tax payment made by |
|
|
(a)farmers |
(b)other self-employed |
|
|
£ |
£ |
|
|
1981 |
463 |
1,022 |
|
1982 |
543 |
1,325 |
|
1983 |
724* |
1,510* |
|
1984 |
729* |
1,765* |
|
1985 |
672* |
1,873* |
* Provisional — subject to revision.
Notes
1. In calculating the figures in column (a) the estimated net receipt from farm taxation in each calendar year has been divided by the number of farmers assessed to tax on their farming profits in the year of assessment in which the calendar year ends e.g. the 1981 receipt is divided by the number assessed for the year 1981-82. This is because revenue receipts are, in general, prepared on a calendar (financial) year basis.
2. Full time farmers and farmers who, or whose spouses, carry on another trade or profession have been included in the calculations.
3. Income tax on farming profits is collected with Schedule D tax generally and because of this it cannot be separately distinguished. Accordingly the figures shown for tax payments by farmers are estimated.
4. The figures contained in column (b) are obtained by dividing the net receipt of income tax from other self-employed persons in each calendar year by the estimated number of those persons assessed to tax in the year of assessment in which the calendar year ends as explained in note 1. above.
5. Cases involving income assessable to tax under Schedule D which are not strictly self-employed have been identified and excluded as far as possible. The figures are, therefore, not strictly comparable with the figures for averages given previously in relation to this category.
6. A married couple who has elected or has been deemed to have elected to have the income of both spouses assessed on the husband is counted as one tax unit.