Written answers

Tuesday, 23 June 2009

10:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
Link to this: Individually | In context

Question 159: To ask the Minister for Finance the number of taxpayers who earn more than €80,000 per annum; the number of those who are couples who are jointly assessed rather than individuals; and if he will make a statement on the matter. [25204/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

The number of income earners on income tax records who earn over €80,000 is estimated at 234,500 in 2009. Some 154,200 of these are couples who have elected or have been deemed to have elected for joint assessment and are counted as one tax unit in each case.

The figures are estimates from the Revenue tax forecasting model using actual data for the year 2005 adjusted as necessary for income and employment growth. They are therefore provisional and likely to be revised.

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
Link to this: Individually | In context

Question 160: To ask the Minister for Finance the effective rate of taxation including PRSI, health and income levies for an individual earning €80,000 per annum and a couple earning €80,000 jointly; and if he will make a statement on the matter. [25205/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

The position is that a single individual earning €80,000 per annum will have an effective average tax rate of 36.5% for 2009.

A married two-earner couple earning €80,000 per annum (assuming that the joint income is divided 65% and 35% between spouses) will have an effective average tax rate of 22% for 2009.

These rates include income tax, PRSI, health levy and income levy.

Comments

No comments

Log in or join to post a public comment.