Written answers

Thursday, 22 November 2007

3:00 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 68: To ask the Tánaiste and Minister for Finance the number of taxpayers whose income is above the standard cut off point in 2007; and his estimate for the number in 2008 assuming an unchanged tax code. [30481/07]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Question 69: To ask the Tánaiste and Minister for Finance the number of taxpayers who are single, married one earner and married two earners; the number in each case whose income is below the standard cut-off point; and the number below the standard cut-off point. [30482/07]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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I propose to take Questions Nos. 68 and 69 together.

It is assumed that the figures requested by the Deputy are of the numbers of income earners, broken down by marital status groups as appropriate, whose gross income is above or below the relevant standard rate cut-off point. In addition, the following standard rate cut-off points have been assumed: Single, €34,000; One-Parent family, €38,000; married, one spouse earning, €43,000; Married, two spouses earning, €68,000. On this basis, I am advised by the Revenue Commissioners that the projected distributions of income earners for 2007 and 2008 are as follows.

Projected Income Earners for 2007
Based on Gross Income
Income EarnersSingle/Widowed (including one parent families)Married one spouse earningMarried, two spouses earningTotal
Above cut off point395,300144,200190,300729,900
At or below cut off point1,083,100235,300237,1001,555,500
Total1,478,400379,600427,4002,285,400
Projected Income Earners for 2008
Based on Gross Income
(Pre-Budget 2008 basis)
Income EarnersSingle/Widowed (including one parent families)Married one spouse earningMarried, two spouses earningTotal
Above cut off point447,200160,900214,400822,500
At or below cut off point1,060,800227,300227,0001,515,100
Total1,508,000388,200441,4002,337,600

Figures in the tables 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 2004 adjusted as necessary for income and employment growth for the years in question and are therefore provisional and subject to revision. 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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