Mary O'Rourke
Question:43 Mrs. O'Rourke asked the Minister for Finance the cost to give a PAYE allowance to the proprietary directors of companies. [5850/97]
Written Answers. - PAYE Allowance.
Proprietary directors, who are the self-employed in an incorporated form, do not receive the £800 PAYE allowance as they are not regarded from a taxation viewpoint as ordinary employees. The cost of extending the PAYE allowance to proprietary directors is estimated at £18 million, and £45 million if extended to the self-employed in general. This cost could reach £70 million depending on the likelihood of additional spouses assisting in the family business in order to avail of the PAYE allowance.