asked the Minister for Finance the number of income tax payers and if he will distinguish, if possible, between individuals and others whose total annual taxable income is in each of the following categories: (a) £1 to £500 (b) £501 to £1,000 (c) £1,001 to £1,500 (d) £1,501 to £2,000 (e) £2,001 to £2,500 (f) £2,501 to £3,000 (g) £3,001 to £3,500 (h) £3,501 to £4,000 (i) £4,001 to £4,500 (j) £4,501 to £5,000 (k) £5,001 to £5,500 (l) £5,501 to £6,000 (m) £6,001 to £6,500 (n) £6,501 to £7,000 (o) £7,001 to £7,500 (p) £7,501 to £8,000 (q) £8,001 to £8,500 (r) £8,501 to £9,000 (s) £9,001 to £9,500 (t) £9,501 to £10,000 and (u) above £10,000.
Written Answers. - Income Tax.
346.
Statistics relating to income tax are not compiled in such a manner as would enable the information sought by the Deputy to be given.
The only information available regarding the distribution of taxpayers over ranges of income relates to income for sur-tax purposes. Tables relating to these ranges of income are contained in pages 162-173 of the annual report of the Revenue Commissioners for the year ended March 31, 1973, copies of which are available in the Library.
347.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax personal single allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
348.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax personal marriage allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
349.
asked the Minister for Finance the estimated cost to the Exchequer of increasing the income tax personal widowed allowance by (a) £50 (b) £100 (c)£150 (d) £200 (e) £250 and (f) £300.
350.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax earned allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
351.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax child allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
352.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax age allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
353.
asked the Minister for Finance the estimated annual cost to the Exchequer of increasing the income tax married woman's allowance by (a) £50 (b) £100 (c) £150 (d) £200 (e) £250 and (f) £300.
I propose, with the permission of the Ceann Comhairle, to take Questions Nos. 347 to 353, inclusive, together.
Following are estimates of the full year costs required by the Deputy:
|
Increase of |
||||||
|
£50 |
£100 |
£150 |
£200 |
£250 |
£300 |
|
|
£m. |
£m. |
£m. |
£m. |
£m. |
£m. |
|
|
Single Allowance |
7.0 |
13.5 |
19.7 |
25.5 |
30.9 |
35.8 |
|
Married Allowance |
5.2 |
10.1 |
14.8 |
19.2 |
23.3 |
27.0 |
|
Widow/er Allowance |
0.4 |
0.7 |
1.0 |
1.3 |
1.5 |
1.7 |
|
Earned Income Relief (maximum £500 |
1.7 |
2.9 |
3.8 |
4.6 |
5.2 |
5.6 |
|
Child Allowance |
8.6 |
15.1 |
20.9 |
25.6 |
29.5 |
32.8 |
|
Age Allowance |
0.3 |
0.7 |
1.2 |
1.7 |
2.3 |
2.9 |
|
Wife's Earned Income Relief |
1.4 |
2.7 |
3.9 |
5.0 |
6.0 |
6.9 |
The Dáil adjourned at 5 p.m. until 3 p.m. on Wednesday, 20th March, 1974.