Dáil Éireann Debate, Wednesday - 3 November 2004
171 Mr. P. McGrath asked the Minister for Finance the number of PAYE workers and self-employed who have paid benefit-in-kind on company cars in each of the past five years; and the yield to the Exchequer on this tax for each of those years. [27360/04]
View answerThe information requested by the Deputy in respect of benefits-in-kind arising from the provision of cars and vans in each of the five years up to 2003, the latest year for which the relevant figures are available, is set out below. Data in respect of the tax years 2002 and 2003 are provisional and likely to be revised. This information has been provided to me by the Revenue Commissioners.
|
Year |
Numbers |
Estimated Tax Yield €m |
|
1999/2000 |
42,700 |
77.1 |
|
2000/2001 |
45,000 |
79.2 |
|
2001 (short tax “year”) |
43,500 |
56.2 |
|
2002* |
45,500 |
80.2 |
|
2003* |
43,300 |
80.9 |
* Provisional and likely to be revised
The above figures include income earners whose main source of income is assessable to tax under Schedule D, self-employed, but who also have income from an employment subject to PAYE in respect of which a benefit-in-kind arises. It should be noted that as PAYE taxpayers were charged to tax on their earnings in the period from 6 April to 31 December 2001 and self-employed taxpayers were assessed to tax for the short "year" on 74% of the profits earned in a 12 month accounting period, the yield figures will not be directly comparable with those of earlier or later years.
