Pearse Doherty
Question:280. Deputy Pearse Doherty asked the Minister for Finance if he will set out the effective tax rates paid by income earners in certain categories (details supplied). [35112/13]
View answerTuesday, 16 July 2013
Questions (280)
Written answers
I am informed by the Revenue Commissioners that the information requested, estimated by reference to the income tax year 2013, is set out in the following table.
All Income Earners for Income Tax Year 2013
|
Range of Gross Income |
Effective Rate |
|
€ |
% |
|
1,001 – 20,000 |
0.6% |
|
20,001 – 32,800 |
4.4% |
|
32,801 – 50,000 |
9.9% |
|
50,001 – 70,000 |
15.0% |
|
70,001 – 100,000 |
18.8% |
|
100,001 – 125,000 |
22.3% |
|
125,001 – 150,000 |
24.2% |
|
150,001 – 175,000 |
25.6% |
|
175,001 – 200,000 |
26.1% |
|
200,001 – 250,000 |
26.4% |
|
250,001 – 300,000 |
27.3% |
|
300,001 – 400,000 |
28.0% |
|
400,001 – 500,000 |
28.7% |
|
200,001 – 1,000,000 |
29.2% |
|
1,000,001 – 2,000,000 |
27.6% |
The figures of average effective income tax rates are calculated as the percentage of total income tax liability to gross income.
It should be noted that gross income is as defined in Revenue Statistical Report 2011.
These figures are estimates from the Revenue tax-forecasting model using actual data for the year 2010 adjusted as necessary for income and employment trends in the interim. They are therefore provisional and likely to be revised.
It should be noted that a married couple who has elected or has been deemed to have elected for joint assessment is counted as one tax unit.