Dáil Éireann Debate, Wednesday - 10 July 2013
79. Deputy Stephen S. Donnelly asked the Minister for Finance if he will provide a tabular breakdown of the revenue generated by universal social charge for income brackets of €5,000 beginning with the €0 to €5,000 bracket for 2013 and the expected revenue for 2014 if there were no changes to the current rates; and if he will make a statement on the matter. [33856/13]
View answer80. Deputy Stephen S. Donnelly asked the Minister for Finance if he will provide a tabular breakdown of the revenue generated by universal social charge by age group in brackets of 5 years beginning with 15 to 20 year olds for 2013 and the expected revenue for 2014 if there were no changes made to the current rates; and if he will make a statement on the matter. [33857/13]
View answer81. Deputy Stephen S. Donnelly asked the Minister for Finance if he will provide a breakdown of revenue generated by universal social charge by gender for 2013 and the expected revenue for 2014 if there were no changes to the current rates; and if he will make a statement on the matter. [33858/13]
View answerI propose to take Questions Nos. 79 to 81, inclusive, together.
I am informed by the Revenue Commissioners that while the necessary detailed basic data is not compiled in such a manner as would enable an income distribution of expected receipts to be provided, a modelled distribution of the estimated amount of USC due for the tax year 2013 by reference to projected incomes for 2013 has been compiled and is set out in the following table. Information of this type is not available for 2014.
I am also informed by the Revenue Commissioners that the figure for total USC provided in the table is a projected estimate of the total USC liability in respect of the tax year 2013 and is not intended to correspond to the cash receipts expected to be collected in the corresponding calendar year. Figures of cash receipts are subject to timing arrangements and can also be distorted by cash flow adjustments. The figures are estimates from the Revenue tax forecasting model using actual data for the year 2010, adjusted as necessary for estimated income and employment trends in the interim. These are, therefore, provisional and likely to be revised.
As far as is practicable income ranges are in brackets of € 5,000 up to €100,000, thereafter the range bands expand over wider brackets in the higher income ranges. Moreover, because of the Revenue Commissioners' obligation to observe confidentiality in relation to the taxation affairs of individual taxpayers and small groups of taxpayers, the breakdown by income bands requested by the Deputy is not provided in relation to incomes exceeding €2 million due to the small numbers of income earners with incomes in excess of that level. It should be noted that Gross Income is as defined in the Revenue Statistical Report 2011.
The numbers of income earners shown in the table counts a married couple who has elected or has been deemed to have elected for joint assessment as one tax unit although USC is an individualised charge and as such the estimated liability is calculated on the basis of individual incomes. Income range values commence in the table at € 10,036, which is the point of income at which liability to USC commences. Corresponding information by reference to age or gender is not available.
Projected income distribution of USC payers.
|
Range of Gross Income - € |
Number |
Amount of USC - € |
|
10,036 - 15,000 |
140,639 |
41,565,010 |
|
15,001 - 20,000 |
165,154 |
86,743,582 |
|
20,001 - 25,000 |
182,668 |
146,355,934 |
|
25,001 - 30,000 |
172,512 |
189,214,278 |
|
30,001 - 35,000 |
154,550 |
217,086,921 |
|
35,001 - 40,000 |
141,209 |
242,163,441 |
|
40,001 - 45,000 |
114,414 |
229,954,056 |
|
45,001 -50,000 |
92,370 |
213,947,664 |
|
50,001 - 55,000 |
76,049 |
199,613,016 |
|
55,001 - 60,000 |
60,822 |
178,312,810 |
|
60,001 - 65,000 |
50,856 |
165,294,250 |
|
65,001 - 70,000 |
42,831 |
152,620,434 |
|
70,001 - 75,000 |
37,032 |
144,001,097 |
|
75,001 - 80,000 |
30,157 |
127,037,210 |
|
80,001 - 85,000 |
25,138 |
114,015,182 |
|
85,001 - 90,000 |
20,802 |
101,398,521 |
|
90,001 - 95,000 |
17,533 |
91,294,832 |
|
95,001 - 100,000 |
14,592 |
80,991,330 |
|
100,001 - 120,000 |
39,573 |
250,529,725 |
|
120,001 - 140,000 |
21,472 |
165,566,332 |
|
140,001 - 160,000 |
12,169 |
110,385,690 |
|
160,001 - 180,000 |
7,927 |
82,688,526 |
|
180,001 - 200,000 |
5,388 |
63,571,589 |
|
200,001 - 250,000 |
7,891 |
110,723,961 |
|
250,001 - 300,000 |
4,303 |
74,518,291 |
|
300,001 - 350,000 |
2,552 |
52,930,608 |
|
350,001 - 400,000 |
1,643 |
39,282,463 |
|
400,001 - 450,000 |
1,152 |
31,537,873 |
|
450,001 - 500,000 |
807 |
24,788,772 |
|
500,001 - 750,000 |
2,091 |
81,390,484 |
|
750,001 - 1,000,000 |
742 |
41,870,392 |
|
1,000,001 - 2,000,000 |
661 |
57,170,458 |
|
Over 2,000,000 |
141 |
38,040,330 |
|
Overall Total |
1,647,839 |
3,946,605,061 |
