Dáil Éireann Debate, Tuesday - 24 October 2017
58. Deputy Pearse Doherty asked the Minister for Finance the number of companies that self-employed persons had for the purposes of their self-employed activities, including trade and professional, in each of the years 2011 to 2016; and if he will make a statement on the matter. [44564/17]
View answer59. Deputy Pearse Doherty asked the Minister for Finance the corporation tax paid by companies which contain self-employed income, including trade and professional earnings, in each of the years 2011 to 2016; and if he will make a statement on the matter. [44565/17]
View answer60. Deputy Pearse Doherty asked the Minister for Finance the amount paid out in dividends by the self-employed from their own companies in each of the years 2011 to 2016; and if he will make a statement on the matter. [44566/17]
View answerI propose to take Questions Nos. 58 to 60, inclusive, together.
Regarding Question Nos. 58 and 59, following clarification from the Deputy’s office, I am informed by Revenue that data from Income Tax and Corporation Tax returns are not recorded and stored in a manner that would facilitate analysis of movements of individuals from self employment to incorporation as the Deputy is seeking.
In relation to Question No. 60, in most cases for smaller companies remuneration is paid through directors’ salaries and other Schedule E income. Payment of dividends would be relatively unusual for such companies. Notwithstanding this, I am advised by Revenue that due to the way in which income from dividends is declared on tax returns, it is not possible to separately identify dividends relating to those paid out by a company which is owned by the taxpayer.
