asked the Minister for Finance in relation to the latest year for which the details or estimates are available, (1) the number of individuals who were assessed for benefit in kind in respect of the private use of a company car analysed by reference up to £500, from £500 to £1,000, from £1,000 to £1,500, from £1,500 to £2,000, from £2,000 to £2,500, from £2,500 to £3,000, from £3,000 to £3,500, from £3,500 to £4,000 and over £4,000; (2) the total value of assessments; (3) the number of individuals whose assessments were subject to reduction because of business mileage in excess of 10,000; and (4) the total receipts from car benefit in kind.
Written Answers. - Private use of Company Cars.
25.
To determine accurately the precise information requested by the Deputy would require identification of the cases involved and an individual examination of all the income tax returns of such cases. Such an examination could be carried out only at disproportionate cost. However, from the relevant statistics which are available it is tentatively estimated that the net yield to the Exchequer for the year ended 5 April, 1987 arising out of the taxation of benefits-in-kind in respect of the private use of business cars is of the order of £31 million affecting approximately 45,000 individuals.