asked the Minister for Finance the number of taxpayers being charged tax under the PAYE system who are not being granted the PAYE allowance because of a proprietary interest in the company which employs them or because of their family relationship to the company in which they are employed.
Written Answers. - PAYE Allowance.
80.
The provisions of section 138B (2) of the Income Tax Act, 1967 preclude the granting of the employee (PAYE) allowance in respect of emoluments paid by a body corporate to a proprietary director or to the spouse or child of such director; by an individual to the spouse or child of the individual; or by a partnership to a partner's spouse or child. It is estimated that the number of proprietary directors who are excluded from receiving the employee allowance is about 43,000 and that the corresponding number of spouses and children of such directors is of the order of 25,000.