asked the Minister for Finance, in respect of the total income tax paid during 1988, the percentage paid by (a) the PAYE sector, (b) farmers and (c) the self-employed.
Written Answers. - Income Tax Received.
64.
Following is the information requested:
Income Tax 1988
|
Percentage of total income tax receipt |
||
|
(i)** |
(ii)** |
|
|
% |
% |
|
|
PAYE |
74.8(1) |
79.3(1) |
|
Farmers |
2.7(2) |
1.6(2) |
|
Other non-PAYE |
14.8(3) |
10.9(3) |
** (i) Includes the effects of the tax amnesty in 1988.
(ii) Excludes the effects of the tax amnesty.
The figures in the table do not include receipts of deposit interest retention tax or of tax payments made under Schedule C. Basic data are not available which would enable the amounts of these tax payments which are attributable to particular classes of taxpayers to be ascertained.
(1) The figures cover more than income tax on ordinary wages and salaries. They include tax paid by directors of close companies who are akin to the self-employed as well as tax on "other income" of employees such as rent and other investment income.
(2) Income tax on farming profits is collected with Schedule D tax generally and the figures shown are, to some extent, estimated. The figures shown reflect the tax paid by full time farmers together with the estimated tax paid by trader farmers on their farming profits only.
(3) These figures include tax paid on income from trades and professions, other than farming, together with tax paid on other income such as rent and other investment income. They also include withholding tax on professional fees.