Dáil Éireann Debate, Thursday - 28 January 2016
94. Deputy Michael McGrath asked the Minister for Finance the number of taxpayers within the high earner restriction analysed within the €125,000 to €250,000, €250,001 to €500,000, €500,001 to €750,000, €750,001 to €1,000,000, and €1000,000 plus bands, the estimated extra yield arising because of the restrictions in each of the years 2009 to 2012; and the estimated yield because of the restrictions in 2014 and 2015. [3707/16]
View answerA comprehensive analysis of the high earners restriction is published on an annual basis. These reports are available at my Department's website, http://www.finance.gov.ie and the website of the Revenue Commissioners at http://www.revenue.ie/en/about/publications/other.html#reports. At the time of publication, I also sent a copy of the reports to each of the main opposition Finance spokespersons.
The latest full year for which information is available is 2013 and the relevant analysis published is available at: http://www.revenue.ie/en/about/publications/ror-2013-report.pdf, or at: http://www.finance.gov.ie/what-we-do/tax-policy/publications/reports-research/restriction-reliefs/restriction-reliefs-report-3. Updates for 2014 and 2015 will be published in due course. The annual reports show the estimated yield arising and the distribution of taxpayers affected by income range. However, because of the Revenue Commissioners' obligation to observe confidentiality in relation to the taxation affairs of individual taxpayers and small groups of taxpayers, the specific breakdown by income bands requested by the Deputy is not provided in relation to certain incomes.
I am informed by the Revenue Commissioners that they are not in a position to estimate the yield in respect of the 2014 or 2015 tax years.
