I am informed by the Revenue Commissioners that the figures for incomes and tax as provided in my reply to Question No. 65 of 3 October 2012 were based on projected estimates of the total liability to tax in respect of the tax year 2012 and were not based on cash receipts expected to be collected in the corresponding calendar year. The figures were estimates from the Revenue tax forecasting model using actual data for the year 2009, adjusted as necessary for estimated income and employment trends in the interim. Figures of cash receipts are subject to timing arrangements and can also be distorted by cash flow adjustments. The incomes and tax values as calculated by the model cannot, therefore, be revised or updated by reference to actual revenue outcomes for years 2011 or 2012. For ease of reference, the information I provided for 2012 in my reply of 3 October last will be set out in the Official Report.
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-
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Top 1% of income earners
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Top 5% of income earners
|
Top 10% of income earners
|
Top 20% of
income earners
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Top 10,000
income earners
|
|
Number of income earners
|
21,650
|
108,250
|
216,500
|
433,000
|
10,000
|
|
Gross income
|
€8,742m
|
€20,122m
|
€29,600m
|
€43,300m
|
€5,959m
|
|
Average earnings
|
€403,760
|
€185,885
|
€136,710
|
€100,000
|
€595,900
|
|
Amount of income tax, USC & PRSI
|
€3,349m
|
€7,145m
|
€9,849m
|
€13,186m
|
€2,321m
|
|
As % of total Income tax, USC and PRSI
|
18%
|
39%
|
53%
|
71%
|
13%
|
|
Effective tax rate
|
38%
|
36%
|
33%
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30%
|
39%
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It should be noted that the figures for tax and effective tax rate include income tax, PRSI and universal social charge. The figures are estimates from the Revenue tax forecasting model using actual data for the year 2009 adjusted as necessary for income and employment trends in the interim. These are, therefore, provisional and likely to be revised. In addition, gross income is as defined in a Revenue statistical report for 2010. The numbers of income earners shown in the table counts a married couple who have elected or have been deemed to have elected for joint assessment as one tax unit, although USC and PRSI are individualised charges, and as such the yield is calculated on the basis of individual incomes.
The basic data underlying the figures of tax and incomes provided in this form for 2012 were compiled as part of the preparations for budget 2013. Corresponding data for 2011 were not prepared as they would have been less relevant for budgetary considerations and equally demanding on resources. For that reason, figures are not readily available for 2011 on the same basis and could not be collated in the time available for this reply due to the significant data processing work involved. This is a matter which the Deputy needs to study. It is not something on which I can supply further information across the House.
Additional information not given on the floor of the House
If it will assist the Deputy, I am providing the following table, showing a projected distribution of 2011 incomes by income range, which I included in my reply to Question No. 134 tabled by Deputy Dowds on 7 February 2012. This table includes figures for income tax but not for USC or PRSI.
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Gross Range
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Income
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Numbers
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Tax Paid
|
|
€
|
€
|
|
€
|
|
0 - 5,000
|
487,986,108
|
227,095
|
0
|
|
5,001 - 10,000
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1,255,663,199
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167,836
|
446,003
|
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10,001 - 14,000
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1,779,984,419
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147,969
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4,022,590
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14,001 - 15,000
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539,083,092
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37,184
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1,688,461
|
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15,001 - 15,514
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291,944,937
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19,146
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958,432
|
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15,515 - 17,542
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1,276,179,382
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77,181
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6,147,635
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17,543 - 20,000
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1,931,125,757
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102,910
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30,974,477
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20,001 - 30,000
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9,573,599,824
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385,744
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381,082,644
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30,001 - 33,343
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3,400,149,735
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107,551
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207,574,683
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33,344 - 40,000
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6,800,653,487
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185,876
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564,306,322
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40,001 -,50,000
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9,142,633,523
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204,850
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1,058,021,456
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50,001 - 60,000
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7,506,470,503
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137,311
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1,086,273,677
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60,001 - 70,000
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6,113,230,290
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94,466
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992,452,875
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70,001 - 80000
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5,106,969,027
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68,362
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913,147,308
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80,001 - 90,000
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4,000,986,987
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47,247
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773,899,034
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90,001 - 100,000
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3,108,236,315
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32,818
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642,150,132
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100,001 - 125,000
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5,316,263,933
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47,941
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1,196,849,254
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125,001 - 150,000
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3,121,226,315
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22,950
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762,690,308
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150001 - 175,000
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1,893,410,584
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11,746
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483,959,819
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175,001- 200,000
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1,288,116,235
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6,910
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336,870,896
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200,001 - 250,000
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1,763,013,081
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7,942
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469,425,803
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250,001 - 300,000
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1,151,975,837
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4,226
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312,101,016
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300,001 - 350,000
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828,763,978
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2,563
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225,119,785
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|
350,001 - 400,000
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597,687,366
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1,601
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166,979,624
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400,001 - 450,000
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476,565,416
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1,126
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131,183,043
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450,001 - 500,000
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373,468,949
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788
|
104,398,370
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500,001 - 750,000
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1,199,017,554
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2,000
|
334,290,603
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750,001 - 1,000,000
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534,787,080
|
626
|
154,811,699
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1,000,001 - 2,000,000
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677,124,288
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519
|
180,750,996
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Over 2,000,000
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1,016,296,602
|
117
|
345,279,341
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|
Totals
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82,552,613,799
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2,154,599
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11,867,856,287
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The figures are estimates from the Revenue tax forecasting model using actual data for the year 2009 adjusted as necessary for income and employment trends in the interim. These are, therefore, provisional and likely to be revised. It should be noted that the income ranges shown in the above tables relate to gross income as defined in a Revenue statistical report for 2010. It should also be noted that a married couple who has elected or has been deemed to have elected for joint assessment is counted as one tax unit.
Furthermore, the estimated earnings of public servants are not separately identifiable in the figures projected for 2011 and 2012. The latest relevant sector-based information available on income earners in the tax system is derived from income tax returns filed for the income tax year 2010 and represents about 95% of all returns expected at the time the data were compiled for analytical purposes. The data relating to the public sector include individuals in receipt of various forms of income from public sources that would not normally be regarded as constituting employment within the public service, for example, those receiving fees or those on State boards. On the basis of the available tax based data, it is not possible to identify and exclude income from public sources to groups that would not normally be regarded as employed within the public service or to distinguish the earnings of employees associated with typical work patterns. Accordingly, it is likely that the number of public servants from this source is overstated. On that basis, the total numbers of public sector employees, and the breakdown of those numbers by income ranges, is set out as follows:
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Income Tax Year 2010
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Public Sector Employees
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Range of Gross income
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Total Number
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€0 – €20,000
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109,492
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€20,001 – €30,000
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72,315
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€30,001 – €40,000
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81,786
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€40,001 – €50,000
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60,480
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€50,001 – €65,000
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48,105
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€65,001 – €80,000
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24,100
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€80,001 – €100,000
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15,144
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€100,001 – €150,000
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10,229
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€150,001 – €185,000
|
1,188
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€185,001 – €200,000
|
252
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Over €200,000
|
854
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Totals
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423,945
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Further historical details on incomes earned in the income tax year 2010 are provided in Tables IDS 1 to 17 of the income distribution chapter of the Revenue statistical report for 2011, which is available on the Revenue website. A married couple which has elected or has been deemed to have elected for joint assessment is counted as one tax unit.
