Written answers

Tuesday, 26 June 2007

10:00 pm

Photo of Jan O'SullivanJan O'Sullivan (Limerick East, Labour)
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Question 113: To ask the Tánaiste and Minister for Finance the number and percentage of income earners who are paying tax at the higher rate and at the standard rate for 2006; the anticipated figures for each category for 2007; and if he will make a statement on the matter. [17169/07]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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The information requested by the Deputy in a format which presents the data in terms of the effective tax rates actually paid by taxpayers is set out in the table. This is the same format as used for the presentation of pre-Budget 2007 and post-Budget 2007 distributions of earners in the 2007 Budget booklet.

Tax YearExempt(1)Paying at 20% or less(2)Paying at greater than 20%Total
2006*776,100937,700446,7002,160,500
2007845,900930,600438,2002,214,700
Notes
(1)Standard rate liability fully covered by tax credits or Age Exemption limits.
(2)Higher rate tax liability fully covered by tax credits and includes those who face a gross liability for tax at the marginal relief rate of taxation.
*Provisional and likely to be revised.

Figures in the table are rounded to the nearest hundred and any apparent discrepancies in totals are due to this. The figures are estimates from the Revenue tax forecasting model using actual data for the year 2003 adjusted as necessary for income and employment growth for the years in question. It should 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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