asked the Minister for Finance if he will state, in respect of each year from 1969-70 to 1977-78, the percentage of income tax receipts borne by wages and salaries assessed on Schedule E.
Written Answers. - Income Tax.
470.
Following is the information requested:
|
Year |
Schedule E yield as percentage of total net receipt of income tax, including sur-tax. (See Note 1) |
|
|
% |
||
|
1969-70 |
61.8 |
|
|
1970-71 |
62.8 |
|
|
1971-72 |
64.8 |
|
|
1972-73 |
71.8 |
|
|
1973-74 |
76.8 |
|
|
1974 (9 months to 31 December, 1974) |
91.5 |
(See Note 2) |
|
1975 |
82.5 |
|
|
1976 |
81.1 |
|
|
1977 |
85.4 |
Note 1: The total net receipt of income tax includes income tax paid by companies in respect of accounting periods prior to the introduction of Corporation Tax on 6 April 1976. Separate figures of the amount of income tax so paid by companies are not available.
Note 2: The reason the percentage figure for 9 months to 31 December, 1974, is so high is because the second instalment of Schedule D tax for 1974/75 was payable on 1 January, 1975.
471.
asked the Minister for Finance, if in relation to the Income Tax Act, 1967, he will increase the limits of (1) the £1,500 in respect of income plus benefits-in-kind, including hospital charges paid by some employers on behalf of their employees; (2) the £6 per week income not reckonable for income tax, neither of which have been revised since 1967; especially, in view of the great inconvenience caused, in particular, to old age pensioners making otherwise avoidable income tax claims.
Alteration of income tax allowances and reliefs is a budgetary matter and the Deputy will realise that I cannot, at this stage, give any indication of what proposals the next budget statement might or might not contain.
472.
asked the Minister for Finance the number of married women with incomes assessable to income tax who have incomes from sources other than from employment assessable under PAYE.
Statistics are not available which would indicate the total number of married women with income—whether earned or unearned—in their own right. The statistics available show that there are about 115,000 married women with earned income, in respect of whom the working wife's allowance is at present being claimed. Of these approximately 80,000 are within PAYE and the other 35,000 have income which is not within the ambit of PAYE.