Written answers
Tuesday, 7 February 2012
Department of Finance
Tax Code
9:00 pm
Seán Fleming (Laois-Offaly, Fianna Fail)
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Question 131: To ask the Minister for Finance if a person paying mortgage interest falls into arrears, if mortgage interest tax relief at source is still available and the methods by which this may be reduced; when a person repays the arrears are there automatic provisions in place to reinstate the tax relief at source or is the person at the loss of this and have they to contact the Revenue Commissioners to have it reinstated; and if he will make a statement on the matter. [6674/12]
Michael Noonan (Limerick City, Fine Gael)
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The position is that tax relief for mortgage interest paid on a qualifying loan, a loan used for the purchase, repair, development or improvement of a person's main residence, is paid through the tax relief at source (TRS) system.
Where interest relief has been ceased by Revenue, and the mortgage is subsequently the subject of repayment in accordance with an agreed schedule with the mortgage provider, then subject to an application to Revenue for relief by the person concerned, relief is restored by Revenue. The relevant interest relief ceiling will of course apply so that if the overall interest repaid by the person concerned exceeds the relevant ceiling, interest relief for interest payments beyond that ceiling will not be available.
Seán Fleming (Laois-Offaly, Fianna Fail)
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Question 132: To ask the Minister for Finance if tax relief at source in respect of mortgage interest is available to persons with mortgages who are in receipt of the mortgage interest supplement; and if he will make a statement on the matter. [6675/12]
Michael Noonan (Limerick City, Fine Gael)
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Mortgage Interest Supplement is paid by the Department of Social Protection. It is a short term support to help pay mortgage interest repayments and the payment is based on the interest portion of a mortgage after deductions have been made for mortgage interest relief and any mortgage allowance or mortgage subsidy payable towards the interest part of the mortgage by any local authority.
Persons who are in receipt of Mortgage Interest Supplement are not precluded from claiming Mortgage Interest Relief.
Robert Dowds (Dublin Mid West, Labour)
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Question 133: To ask the Minister for Finance further to Parliamentary Question No. 224 of 12 January 2011, if the Revenue Commissioners have updated the estimated information for 2010 that was given in that answer, and if it has been updated, if he will set out the updated figures. [6682/12]
Robert Dowds (Dublin Mid West, Labour)
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Question 134: To ask the Minister for Finance further to Parliamentary Question No. 224 of 12 January 2011, if he will set out the latest estimate available to the Revenue Commissioners for the tax year 2011 of the total number of taxpayers in each of the following bands, the latest estimate of the total income for each of these bands, and the latest estimate of the total tax paid for each of those income bands, that is, those earning less than €5,000, between €5,001 and €10,000, between €10,001 and €14,000, between €14,001 and €15,000, between €15,001 and €15,514, between €15,515 and €17,542, between €17,543 and €20,000, between €20,001 and €30,000, between €30,001 and €40,000, between €40,001 and €50,000, between €50,001 and €60,000, between €60,001 and €70,000, between €70,001 and €80,000, between €80,001 and €90,000, between €90,001 and €100,000, between €100,001 and €125,000, between €125,001 and €150,000, between €150,001 and €175,000, between €175,001 and €200,000, between €200,001 and €250,000, between €250,001 and €300,000, between €300,001 and €350,000, between €350,001 and €400,000, between €400,001 and €450,000, between €450,001 and €500,000, between €500,001 and €750,000, between €750,001 and €1,000,000, between €1,000,001 and €2,000,000, and €2,000,000 and over. [6683/12]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 133 and 134 together.
The information requested, estimated by reference to the income tax years 2010 and 2011, is set out in the following table:
2010 (provisional) 2011 (provisional)
Gross Income
Gross Gross
| Range | Income | Numbers | Tax Paid | Income | Numbers | Tax Paid |
| € | € | € | € | € | ||
| 0 - 5,000 | 495,623,776 | 230,685 | 0 | 487,986,108 | 227,095 | 0 |
| 5,001 - 10,000 | 1,275,216,986 | 170,462 | 68,959 | 1,255,663,199 | 167,836 | 446,003 |
| 10,001 - 14,000 | 1,808,764,491 | 150,339 | 2,654,925 | 1,779,984,419 | 147,969 | 4,022,590 |
| 14,001 - 15,000 | 543,973,402 | 37,517 | 1,313,885 | 539,083,092 | 37,184 | 1,688,461 |
| 15,001 - 15,514 | 296,094,907 | 19,417 | 780,619 | 291,944,937 | 19,146 | 958,432 |
| 15,515 - 17,542 | 1,296,090,208 | 78,386 | 3,331,862 | 1,276,179,382 | 77,181 | 6,147,635 |
| 17,543 - 20,000 | 1,959,064,431 | 104,401 | 9,983,624 | 1,931,125,757 | 102,910 | 30,974,477 |
| 20,001 - 30,000 | 9,716,508,118 | 391,532 | 283,492,711 | 9,573,599,824 | 385,744 | 381,082,644 |
| 30,001 - 33,343 | 3,449,159,733 | 109,107 | 174,667,568 | 3,400,149,735 | 107,551 | 207,574,683 |
| 33,344 - 40,000 | 6,901,581,906 | 188,645 | 442,375,330 | 6,800,653,487 | 185,876 | 564,306,322 |
| 40,001 -,50,000 | 9,279,663,224 | 207,924 | 866,609,478 | 9,142,633,523 | 204,850 | 1,058,021,456 |
| 50,001 - 60,000 | 7,615,165,884 | 139,299 | 956,814,148 | 7,506,470,503 | 137,311 | 1,086,273,677 |
| 60,001 - 70,000 | 6,200,789,092 | 95,815 | 900,606,275 | 6,113,230,290 | 94,466 | 992,452,875 |
| 70,001 - 80000 | 5,180,141,228 | 69,339 | 829,587,971 | 5,106,969,027 | 68,362 | 913,147,308 |
| 80,001 - 90,000 | 4,049,384,422 | 47,819 | 710,799,491 | 4,000,986,987 | 47,247 | 773,899,034 |
| 90,001 - 100,000 | 3,151,192,559 | 33,274 | 599,128,884 | 3,108,236,315 | 32,818 | 642,150,132 |
| 100,001 - 125,000 | 5,386,008,665 | 48,570 | 1,135,112,131 | 5,316,263,933 | 47,941 | 1,196,849,254 |
| 125,001 - 150,000 | 3,154,874,862 | 23,197 | 734,888,359 | 3,121,226,315 | 22,950 | 762,690,308 |
| 150001 - 175,000 | 1,917,177,685 | 11,891 | 472,370,317 | 1,893,410,584 | 11,746 | 483,959,819 |
| 175,001- 200,000 | 1,292,292,783 | 6,931 | 328,742,461 | 1,288,116,235 | 6,910 | 336,870,896 |
| 200,001 - 250,000 | 1,778,423,957 | 8,012 | 462,994,391 | 1,763,013,081 | 7,942 | 469,425,803 |
| 250,001 - 300,000 | 1,161,552,157 | 4,259 | 308,750,848 | 1,151,975,837 | 4,226 | 312,101,016 |
| 300,001 - 350,000 | 820,014,587 | 2,535 | 220,789,296 | 828,763,978 | 2,563 | 225,119,785 |
| 350,001 - 400,000 | 595,237,988 | 1,595 | 164,631,271 | 597,687,366 | 1,601 | 166,979,624 |
| 400,001 - 450,000 | 485,515,745 | 1,148 | 132,323,183 | 476,565,416 | 1,126 | 131,183,043 |
| 450,001 - 500,000 | 370,753,257 | 782 | 102,483,540 | 373,468,949 | 788 | 104,398,370 |
| 500,001 - 750,000 | 1,179,192,973 | 1,970 | 326,926,572 | 1,199,017,554 | 2,000 | 334,290,603 |
| 750,001 - 1,000,000 | 533,400,252 | 625 | 153,911,445 | 534,787,080 | 626 | 154,811,699 |
| 1,000,001 - 2,000,000 | 662,730,897 | 509 | 176,091,517 | 677,124,288 | 519 | 180,750,996 |
| Over 2,000,000 | 1,025,497,998 | 118 | 349,540,335 | 1,016,296,602 | 117 | 345,279,341 |
| Totals | 83,581,088,169 | 2,186,100 | 10,851,771,390 | 82,552,613,799 | 2,154,599 | 11,867,856,287 |
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 Revenue Statistical Report 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.
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