asked the Minister for Finance the amount of tax paid on interest on investor's deposits by building societies in this country during each of the years 1980 to 1985 inclusive; and the amount which was paid by each society.
Written Answers. - Building Societies' Income Tax Payments.
167.
The amount of income tax paid by building societies in each of the years ended 31 December, 1980, 1981, 1982, 1983, 1984 and 1985 in respect of interest paid or credited to depositors is as follows:
|
Year ended 31 December |
Amount of income tax paid |
|
£ million |
|
|
1980 |
25.8 |
|
1981 |
34.2 |
|
1982 |
43.0 |
|
1983 |
55.0 |
|
1984 |
81.5 |
|
1985 |
65.9 |
Statistics are not recorded in such a manner as would enable information on the amounts of tax paid by each society to be provided. Such information could not be obtained without undertaking an inquiry which could be carried out only at a disproportionate cost.