Vol. 449 No. 7
82 Mr. E. O'Keeffe asked the Minister for Finance the number of people who were included in the tax net on 8 February 1995, or on any other date around that time; the comparative number on a similar date in 1994; and his views on comments made by Minister Rabbitte that the 1995 budget will remove 10,000 people from the tax net. [4282/95]
I assume what the Deputy is interested in is the impact of the recent budget. It is estimated that there were some 915,000 taxpayers in the 1994-95 tax year. The number of taxpayers would have increased to around 926,000 in the 1995-96 tax year if there had been no income tax changes in the budget. However, as I indicated in my Budget Statement the increases in personal allowances and exemption limits announced in the budget will remove an estimated 10,000 taxpayers, who would otherwise have been liable for tax, from the tax net.
