asked the Minister for Finance the total net receipts in respect of income tax, excluding surtax, in each of the years 1959-60 to 1967-68 inclusive.
Ceisteanna—Questions. Oral Answers. - Tax Receipts.
67.
With your permission, a Cheann Comhairle, I propose to circulate the answer in the form of a table.
Following is the table:
|
Year |
Net Receipt of Income Tax |
|
£ |
|
|
1959-60 |
22,336,845 |
|
1960-61 |
25,529,628 |
|
1961-62 |
29,413,345 |
|
1962-63 |
33,942,983 |
|
1963-64 |
37,242,228 |
|
1964-65 |
45,234,396 |
|
1965-66 |
52,289,754 |
|
1966-67 |
60,751,857 |
|
1967-68 |
66,868,371 |
68.
asked the Minister for Finance the total net amount received under each of the five tax schedules, viz: Schedules A, B, C, D and E in each of the years 1959-60 to 1967-68.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
NET produce¹ of Income Tax under each Schedule, 1959-60 to 1967-68.
|
Year |
Net produce of Income Tax under each Schedule |
Total |
||||
|
A |
B |
C |
D |
E |
||
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
1959-60 |
1,490,400 |
88,300 |
555,900 |
13,047,800 |
8,005,100 |
23,187,500 |
|
1960-61 |
1,470,900 |
66,500 |
581,200 |
15,412,400 |
6,106,000² |
23,637,000 |
|
1961-62 |
1,295,000 |
66,100 |
493,300 |
15,511,500 |
10,961,300 |
28,327,200 |
|
1962-63 |
1,344,500 |
65,900 |
493,700 |
18,183,000 |
13,820,600 |
33,907,700 |
|
1963-64 |
21,042,228 |
16,200,000 |
37,242,228 |
|||
|
1964-65 |
22,734,396 |
22,500,000 |
45,234,396 |
|||
|
1965-66 |
25,389,754 |
26,900,000 |
52,289,754 |
|||
|
1966-67 |
26,951,857 |
33,400,000 |
60,751,857 |
|||
|
1967-68 |
27,268,371 |
39,600,000 |
66,868,371 |
NOTES
¹A breakdown of the net receipt of Income Tax under each Schedule is not available. For the years up to and including 1962-63 figures showing the net produce of Income Tax under each Schedule have been given. Net produce of tax is the estimated ultimate yield from the tax assessed in the year, whether actually collected in that year or later, after deducting all discharges and remissions and setting off all repayments. Net produce figures are not available for 1963-64 and subsequent years in consequence of legislation introducing the system of "one taxpayer, one charge" in 1963-64 following on recommendations in the Second Report of the Commission on Income Taxation. However, it is possible to make a reasonably reliable estimate of the net receipt of Schedule E tax since it consists almost wholly of tax collected under PAYE and under Rule 5 (official pay) of the Rules applicable to Schedule E. The approximate net receipt of Schedule E Income Tax has been given for the years 1963-64 to 1966-67. The balance of the total net receipt for those years is regarded as referable to Schedules A, B, C and D.
²Excludes an amount estimated at £4,150,000 in respect of the abatement provided for by section 14 of the Finance (No. 2) Act, 1959, in respect of emoluments coming within PAYE.
69.
asked the Minister for Finance the total net amount of Schedule E tax collected under the PAYE system in each of the years 1960-61 to 1967-68 inclusive.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
NET receipt of Income Tax collected under PAYE 1960-61 to 1967-68.
|
Year |
Net receipt |
|
£ |
|
|
1960-61 |
3,387,472* |
|
1961-62 |
9,063,725 |
|
1962-63 |
11,436,591 |
|
1963-64 |
13,226,214 |
|
1964-65 |
18,923,801 |
|
1965-66 |
21,549,744 |
|
1966-67 |
26,967,287 |
|
1967-68 |
32,107,882 |
*PAYE commenced on the 6th October, 1960, and the figures given for 1960-61 exclude an amount estimated at £4,150,000 in respect of the abatement provided for by section 14 of the Finance (No. 2) Act, 1959, in respect of emoluments coming within PAYE.
70.
asked the Minister for Finance the total net receipts in respect of sur-tax in each of the years 1959-60 to 1967-68 inclusive.
I propose, with your permission, a Cheann Comhairle, to give the information in the form of a tabular statement:
|
Year |
Net Receipt of Sur-tax |
|
£ |
|
|
1959-60 |
1,932,156 |
|
1960-61 |
1,736,060 |
|
1961-62 |
1,879,564 |
|
1962-63 |
2,225,521 |
|
1963-64 |
2,176,259 |
|
1964-65 |
2,600,923 |
|
1965-66 |
2,611,590 |
|
1966-67 |
3,236,503 |
|
1967-68 |
3,078,181 |
71.
asked the Minister for Finance the total net receipts in respect of corporation profits tax in each of the years 1959-60 to 1967-68 inclusive.
With your permission, a Cheann Comhairle, I propose to circulate the answer in the form of a table.
Following is the table:
|
Year |
Net Receipt of Corporation Profits Tax |
|
£ |
|
|
1959-60 |
3,043,509 |
|
1960-61 |
3,274,210 |
|
1961-62 |
3,667,444 |
|
1962-63 |
4,515,618 |
|
1963-64 |
7,533,426 |
|
1964-65 |
8,438,879 |
|
1965-66 |
9,320,304 |
|
1966-67 |
9,431,033 |
|
1967-68 |
12,075,911 |
72.
asked the Minister for Finance the total net receipts in respect of turnover tax in each of the years 1963-64 to 1967-68 inclusive.
As the reply is in the form of a tabular statement I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
|
Year ended 31st March |
Net receipt of Turnover Tax |
|
£ |
|
|
1964 |
3,697,863 |
|
1965 |
13,419,005 |
|
1966 |
14,181,736 |
|
1967 |
14,916,768 |
|
1968 |
16,090,317 |
73.
asked the Minister for Finance the total net receipts in respect of wholesale tax in the years 1966-67 and 1967-68.
The net receipts in respect of wholesale tax in the years mentioned were as follows:
Year ended 31st March, 1967, £2,328,902.
Year ended 31st March, 1968, £7,270,510.
74.
asked the Minister for Finance if he will state on the basis of the information now available the estimated net receipts in the current year, i.e 1968-69 in respect of (a) income tax—Schedule D, (b) income tax —Schedule E, (c) sur-tax (d) corporation profits tax, (e) turnover tax and (f) wholesale tax.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
1968-69
Budget estimate of net receipt of certain taxes as adjusted in supplementary current Budget presented on the 5th November, 1969.
|
£ |
|
|
Income Tax (all schedules) |
77,850,000* |
|
Sur-tax |
3,130,000 |
|
Corporation Profits Tax |
13,450,000 |
|
Turnover Tax |
17,750,000 |
|
Wholesale Tax |
9,250,000 |
*The estimated Schedule E content of this figure is £45,000,000. No breakdown of the balance, which is referable to Schedules A, B, C and D, is available.