Wednesday, 10 July 2013

Questions (79, 80, 81)

Stephen Donnelly

Question:

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 answer

Stephen Donnelly

Question:

80. 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 answer

Stephen Donnelly

Question:

81. 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 answer

Written answers (Question to Finance)

I 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