Vol. 437 No. 4
89 Mr. R. Bruton asked the Minister for Social Welfare the cost in each case of exempting the first £1,000 of personal income and of exempting the first £5,000 of personal income from employers' PRSI, from employees' PRSI, the health levy, the youth levy and the temporary income levy.
The information requested is set out in the following table. In the case of the temporary income levy, the costs refer only to people earning over £9,000; people below this level of earnings are, in general, already exempt from the levy.
Annual Cost in £ millions
|
Present Type |
£1,000 exemption |
£5,000 exemption |
|
Employers' PRSI |
111.00 |
483.79 |
|
Employees' PRSI |
49.58 |
216.92 |
|
Health Levy |
13.21 |
56.74 |
|
Youth Levy |
10.80 |
44.54 |
|
Temporary Income Levy |
6.70 |
33.30 |
