Dáil Éireann Debate, Wednesday - 4 May 2022
148. Deputy Jim O'Callaghan asked the Minister for Finance the amount of income tax that is collected from persons under 30 years of age and from persons under 35 years of age; and if he will make a statement on the matter. [22030/22]
View answerI am advised by Revenue that, for 2019, the most recent year for which complete data are available, the aggregate amount of Income Tax paid by persons aged under 30 and 35 has been estimated to be as shown in the below table. The equivalent figures in respect of the Universal Social Charge are also included in the table.
For income tax, in the case of jointly assessed taxpayers, the age of the assessable spouse was used.
|
Age |
Aggregate Income Tax paid €bn |
Aggregate USC paid €bn |
|
Under 30 |
1.5 |
0.3 |
|
Under 35 |
3.4 |
0.7 |
