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Tax Yield

Dáil Éireann Debate, Thursday - 6 November 2014

Thursday, 6 November 2014

Questions (70)

Lucinda Creighton

Question:

70. Deputy Lucinda Creighton asked the Minister for Finance the additional revenues that would accrue to the State if the higher rate of income tax was raised by 4%. [42689/14]

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Written answers

The Revenue Commissioners have published the Budget 2015 Ready Reckoner, on their website's statistics pages at http://www.revenue.ie/en/about/statistics/index.html. The reckoner shows a number of indicative changes to Income Tax rates. While the Ready Reckoner does not show the specific costings requested by the Deputy, other changes can be estimated on a broadly pro-rata basis with those displayed in the Reckoner. The Ready Reckoner will be updated in due course to reflect post-Budget 2015 changes in Income Tax but the impact on the estimated costing in this case is expected to be relatively minimal.

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