Oireachtas Joint and Select Committees

Thursday, 15 November 2018

Public Accounts Committee

2017 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 9: Office of the Revenue Commissioners
Chapter 17: Revenue's Progress in Tackling Tobacco Smuggling
Chapter 18: Management of High Wealth Individuals' Tax Liabilities
Chapter 19: Corporation Tax Losses

9:00 am

Photo of Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

For those with income of between €125,000 and €400,000 there is a graduated level to bring them up to 30%. The restriction on people with income over €400,000 resulted in additional income tax of €26 million and the restriction on those with adjusted income below that figure, but over €125,000, resulted in an additional €13 million. There were 521 such people in total and the total extra tax was €39 million. Is the schedule of the different reliefs that can be claimed connected with this point?

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