Dáil Éireann Debate, Tuesday - 16 December 2014
218. Deputy Finian McGrath asked the Minister for Finance if persons with an income of more than €150,000 per annum actually earn €11 billion in total; if income groups with more than €150,000 pay more than additional tax of 4.7%; and if he will make a statement on the matter. [48067/14]
Amharc ar fhreagraI am advised by the Revenue Commissioners that the Commissioners publish income distribution statistics based on incomes filed in tax returns. Income Distribution Statistics are published on Revenue's statistics webpage at http://www.revenue.ie/en/about/statistics/index.html.
For example, in 2012 (the most recent year for which tax returns are filed and processed), 37,200 taxpayer units have income of €150,000 or over. These cases report income of €10.5 billion in total and paid combined Income Tax/Universal Social Charge (USC) of €3.9 billion. From the total population for 2012, these cases represent 1.8% of income earners, account for 13.2% of total income and 25.5% of Income Tax/USC paid.
Married persons or civil partners who have elected or who have been deemed to have elected for joint assessment are counted as one tax unit.
