Written answers

Tuesday, 19 January 2010

9:00 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
Link to this: Individually | In context

Question 223: To ask the Minister for Finance if he will provide an analysis of the numbers of individuals on interest returns made by financial institutions received by the Revenue Commissioners by county for the years 2007 and 2008 within the following bands, up to €10,000, between €10,001 and €25,000, €25,001 and €50,000, €50,001 and €100,000, €100,001and €200,000, €200,001 and €300,000, €300,001 and €400,000, €400,001 and €500,000, €500,001 and €600,000, €600,001 and €750,000, €7500,001 and €1,000,000 and in excess of €1,000,001; and if he will make a statement on the matter. [48295/09]

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

I am informed by the Revenue Commissioners that the information requested is as follows, insofar as it is available.

Range of interest reportedNumber of Records reported
20072008
<= 10,000474,3271,375,937Between: 10,001 & 25,00029,85139,414Between: 25,001 & 50,0009,82012,715Between: 50,001 & 100,0004,6836,030Between: 100,001 & 200,0002,0192,825Between: 200,001 & 300,000658884Between: 300,001 & 400,000290459Between: 400,001 & 500,000173273Between: 500,001 & 600,00095162Between: 600,001 & 750,00088164Between: 750,001 & 1,000,00088156>= 1,000,001211417

Financial Institutions report each party to an account where the account is a Joint Account. This could mean that a joint account is included more than once i.e. for each of the parties.

The figures relate to all accounts not just those of individuals. The Financial Institutions do not classify the accounts into individuals, companies, trusts, charities etc.

A county-by-county breakdown is not provided. Financial Institutions made their returns to the Revenue Commissioners on behalf of their entire organisation. To provide a breakdown by county would require text analysis of address details reported which would be very labour intensive and, in any event, the results would not be accurate.

Comments

No comments

Log in or join to post a public comment.