Written answers
Thursday, 9 July 2009
Department of Finance
Tax Yield
12:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 166: To ask the Minister for Finance the amount of income tax received for each of the years 2000 to 2008 from self-employed persons. [29762/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I am informed by the Revenue Commissioners that the net receipt of income tax from self-employed persons for each of the years 2000 to 2008 are contained in the following table.
Calendar Year | Net Receipt of Income Tax |
€ million | |
2000 | 1,520 |
2001 | 1,710 |
2002 | 1,945 |
2003 | 1,715 |
2004 | 2,320 |
2005 | 2,415 |
2006 | 2,565 |
2007 | 2,745 |
2008 | 2,260 |
These figures include payments of withholding tax on professional fees and also include yields from special Revenue investigations relating to bogus non-resident accounts, offshore accounts and single premium insurance products (where applicable) but do not take account of receipts of deposit interest retention tax and dividend withholding tax for which a breakdown between particular classes of taxpayers cannot be ascertained. Also not reflected in these figures are repayments of tax other than tax paid by the self-employed such as, for example, repayments made to foreign residents of tax deducted at source under various arrangements.
The 2001 income tax year was a short transitional tax "year" running from 6 April to 31 December 2001 which preceded the first full calendar tax year 1 January 2002 to 31 December 2002. It should be noted that as self-employed taxpayers were assessed to tax for the short "year" on 74% of the profits earned in a 12-month accounting period, the tax figure shown for 2001 in the table will not be directly comparable with those of earlier or later years.
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