Written answers
Tuesday, 15 May 2012
Department of Finance
Tax Collection
8:00 pm
Joanna Tuffy (Dublin Mid West, Labour)
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Question 171: To ask the Minister for Finance if he will supply a table for the tax year 2011 showing by range of gross income, the sources of single pensioners, pensioner couples and all pensioners' incomes distinguishing between the following categories as shown in table 4.1 of the Green Paper on Pensions: income from work and self employment, other direct income investments, income and so on, occupational or personal pensions, social welfare pensions, other benefits, total gross income, tax and social contributions, net disposable income, the table should also show the number of cases in each range of gross income; and if he will make a statement on the matter. [23711/12]
Michael Noonan (Limerick City, Fine Gael)
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The position is that the figures in the table referred to by the Deputy were derived from EU-SILC data based on a survey carried out by Central Statistics Office (CSO). To obtain an update of the figures in the manner requested in the question, the Deputy should direct her question directly to the CSO. While the Revenue Commissioners do not maintain statistics on aged income earners in the same manner or detail as are contained in the EU-SILC report, the following is a table provided by the Revenue Commissioners showing the projected distribution of the incomes of income earners aged 65 or over for 2011.
Income Earners Aged 65 or over - Distribution of 2011 gross incomes
Range of Gross Income | Gross Income € | Number | Income Tax € |
0-10,000 | 85,658,906 | 20,583 | 0 |
10,001-20,000 | 654,280,837 | 43,101 | 753,037 |
20,001-30,000 | 1,109,449,002 | 44,886 | 20,335,869 |
30,001-40,000 | 1,057,974,956 | 30,496 | 40,732,685 |
40,001-50,000 | 903,500,418 | 20,265 | 62,352,373 |
50,001-60,000 | 673,200,109 | 12,332 | 73,761,798 |
60,001-70,000 | 490,125,631 | 7,578 | 68,533,899 |
70,001-80,000 | 377,500,895 | 5,063 | 61,595,676 |
80,001-90,000 | 277,429,654 | 3,275 | 51,663,151 |
90,001-100,000 | 205,907,495 | 2,175 | 41,926,615 |
100,001-150,000 | 560,429,216 | 4,691 | 129,087,181 |
over 150,000 | 1,143,530,946 | 3,494 | 307,633,222 |
Overall Total | 7,538,988,065 | 197,938 | 858,375,507 |
The tax amounts mentioned in the table relate to income tax but do not include the Universal Social Charge.
The figures are estimates from the Revenue tax-forecasting model using actual data for the year 2009 adjusted as necessary for income and employment trends in the interim. These are, therefore, provisional and likely to be revised.
It should be noted that the income ranges shown in the above tables relate to Gross Income as defined in Revenue Statistical Report 2010.
It should also 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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