Dáil Éireann debate -
Tuesday, 19 Feb 1991

Vol. 405 No. 3

Written Answers. - Income Tax Returns.

Michael Bell

Question:

85 Mr. Bell asked the Minister for Finance the pre-budget estimates and post-budget return/estimate for income tax under the following categories (a) PAYE (b) farmers (c) schedule D and withholding tax (d) DIRT and (e) others for the years 1987-91.

Minister for Finance (Mr. A. Reynolds)

As the reply contains statistical data, I propose to circulate it in the Official Report. Following is the reply:

The following table sets out the information requested by the Deputy.

Pre-budget estimates, post-budget estimates and net receipts of income tax in the years 1987, 1988, 1989, 1990 and 1991

	(1)	(2)	(3)	(4)	(5)	(6)
	PAYE	Farmers	Sch.D	Withholding Tax	Deposit Interest Retention Tax	Others
	£m.	£m.	£m.	£m.	£m.	£m.
1987
Pre-Budget est.	2,218.2	26.0	197.0	—	250.0	10.0
Post-Budget est.	2,167.1	35.5	201.1	25.0	283.0	10.0
Net receipts	2,137.7	34.5	218.3	20.1	296.7	11.1
1988
Pre-Budget est.	2,320.0	42.0	209.0	39.0	203.0	11.0
Post-Budget est.	2,197.0	42.0	208.0	45.0	203.0	11.0
Net receipts*	2,278.9	82.0	400.8	51.4	205.8	27.0
1989
Pre-Budget est.	2,342.0	46.0	214.0	58.0	169.0	16.0
Post-Budget est.	2,215.0	44.0	207.0	55.0	160.0	16.0
Net receipts	2,335.7	50.0	197.6	48.7	185.4	13.2
1990
Pre-Budget est.	2,414.0	52.0	249.0	48.0	280.0	17.0
Post-Budget est.	2,298.2	50.0	240.0	46.0	269.0	17.0
Net receipts	2,459.2	—	238.3**	49.7	270.7	10.4
1991
Pre-Budget est.	2,734.0	32.0	222.0	48.0	233.0	10.0
Post-Budget est.	2,637.0	29.0	232.0	47.0	229.0	10.0
Net receipts	—	—	—	—	—	—

*Figures include amnesty receipts.

**Sch. D figure includes farmers — breakdown not yet available.

Notes

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.

Income tax on farming profits is collected with Schedule D tax generally and the figures shown are, to some extent, estimated. The figures shown are estimates of the tax paid by full-time farmers together with tax paid by trader-farmers on their farming profits only.

This includes 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. The figures also include relatively small amounts of tax resulting from direct assessments under Schedule E on employees. This tax is collected with tax from the self-employed and is not separately identified.

This figures also take into account tax repayments made to exempt individuals and bodies, such as charities and pension funds, in respect of tax deducted at source, such as income paid under covenants, or of tax credits attaching to company distributions.

Basic data are not available which would enable the amounts of deposit interest retention tax referable to interest paid or credited to particular classes of taxpayers to be ascertained.

This includes tax payments made in respect of back duty settlements and income of Irish residents arising in the United Kingdom.