Dáil Éireann Debate, Wednesday - 13 May 2020
56. Deputy Peter Burke asked the Minister for Finance the estimated number of persons that would be impacted by the removal of tax credits from individual incomes above €140,000 tapered at a rate of 2.5% for every €1,000 above €100,000; and if he will make a statement on the matter. [4179/20]
Amharc ar fhreagraI am advised by Revenue that the number of individuals earning above the €100,000 threshold, where credits would begin to taper as outlined by the Deputy, can be found in the ‘Individualised Gross Incomes’ document published on Revenue’s website at the following link: https://www.revenue.ie/en/corporate/documents/statistics/income-distributors/individualised-gross-income.pdf. 2017 is the most recent tax year for which data are currently available.
As this document shows, 92,397 individuals had gross income of over €100,000 in 2017.
