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Dáil Éireann díospóireacht -
Tuesday, 1 Jun 1971

Vol. 254 No. 4

Ceisteanna—Questions. Oral Answers. - Income Tax and Sur-Tax.

22.

asked the Minister for Finance if he will state in respect of each of the years 1965-66 to 1970-71, inclusive, the net receipts of income tax collected under Schedule E, other than under PAYE.

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.

The information requested is as follows:

Year

Amount of Schedule E tax payable otherwise than under PAYE

£

1965-66

5,972,800

1966-67

6,931,400

1967-68

7,497,900

1968-69

7,959,800

1969-70

9,329,200

1970-71

10,500,000

(provisional)

23.

asked the Minister for Finance the amount of income tax and sur-tax relief for owner occupiers in respect of mortgage interest in the latest year for which information is available.

Information is not available on which an accurate estimate could be based. However, the indications are that the cost to the Exchequer of allowing relief in respect of mortgage interest is currently of the of £16 million.

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