asked the Minister for Finance the yield of income tax from the PAYE sector for each of the years 1982, 1983 and 1984.
Written Answers. - PAYE Tax Yield.
599.
The estimated net receipt of income tax collected through the PAYE mechanism in 1982, 1983 and 1984 was as follows:
|
Year ended 31 December |
Net receipt |
|
£m |
|
|
1982 |
1,269.4 |
|
1983 |
1,423.4 |
|
1984 |
1,682.3 |
These figures cover more than income tax on ordinary wages and salaries. They include tax paid by directors of close companies who are akin to the self-employed as well as tax on "other income" of employees such as rent and other investment income.