Written answers
Tuesday, 16 October 2007
Department of Finance
Tax Collection
10:00 pm
Seán Sherlock (Cork East, Labour)
Link to this: Individually | In context
Question 108: To ask the Tánaiste and Minister for Finance the number and percentage of income earners who are paying tax at the higher rate and the standard rate for 2006; the anticipated figures for each category for 2007; and if he will make a statement on the matter. [23692/07]
Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context
The information requested by the Deputy in a format which presents the data in terms of the numbers who are actually paying tax at the higher rate is set out in the table.
| Tax year | Exempt (Standard rate liability fully covered by credits or Age Exemption Limits) | Paying tax at the standard rate (including those whose liability at the higher rate is fully offset by credits) | Higher rate liability NOT fully offset by credits | All cases | |||
| Number | % | Number | % | Number | % | ||
| 2006 | 784,100 | 35.6 | 939,200 | 42.6 | 481,800 | 21.9 | 2,205,100 |
| 2007 | 868,000 | 38.0 | 939,400 | 41.1 | 478,000 | 20.9 | 2,285,400 |
The figures are estimates from the Revenue tax forecasting model using actual data for the year 2004 adjusted as necessary for income and employment growth for the year in question. It is therefore provisional and likely to be revised. 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.
No comments