Written answers
Wednesday, 30 January 2008
Department of Finance
Tax Code
8:00 pm
Jan O'Sullivan (Limerick East, Labour)
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Question 141: To ask the Tánaiste and Minister for Finance the number and percentage of income earners who paid tax at the higher rate and the standard rate for 2007; the anticipated figures for each category for 2008; and if he will make a statement on the matter. [2323/08]
Brian Cowen (Laois-Offaly, Fianna Fail)
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The information requested by the Deputy is set out below:
| Tax year | Exempt (Standard rate liability fully covered by credits or Age Exemption Limits) | Marginal Band | 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 | % | Number | % | ||
| 2007 | 868,000 | 38.0 | 17,700 | 0.8 | 921,700 | 40.3 | 478,000 | 20.9 | 2,285,400 |
| 2008 | 878,100 | 37.6 | 17,900 | 0.8 | 937,000 | 40.1 | 504,500 | 21.6 | 2,337,600 |
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.
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