Written answers
Wednesday, 23 May 2012
Department of Finance
Tax Collection
10:00 pm
Finian McGrath (Dublin North Central, Independent)
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Question 75: To ask the Minister for Finance for the two most recent years available, the number of persons whose income is more than €1 million; and the percentage this is of the overall number of taxpayers; the amount of tax paid and the percentage of overall tax take. [25820/12]
Finian McGrath (Dublin North Central, Independent)
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Question 76: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €500,000 and the percentage this is of the overall number of taxpayers; the amount of tax paid and the percentage of overall tax take. [25821/12]
Finian McGrath (Dublin North Central, Independent)
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Question 77: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €250,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25822/12]
Finian McGrath (Dublin North Central, Independent)
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Question 78: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €100,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25823/12]
Finian McGrath (Dublin North Central, Independent)
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Question 79: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €70,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25824/12]
Finian McGrath (Dublin North Central, Independent)
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Question 80: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €40,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25825/12]
Finian McGrath (Dublin North Central, Independent)
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Question 81: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €35,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25826/12]
Finian McGrath (Dublin North Central, Independent)
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Question 82: To ask the Minister for Finance for the two most recent years available, the numbers whose income is over €50,000 and the percentage this is of the overall number of tax payers; the amount of tax paid and the percentage of overall tax take. [25827/12]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 75 to 82, inclusive, together.
I am advised by the Revenue Commissioners that the information requested, estimated by reference to the income tax years 2011 and 2012, is set out in the following tables.
Income Tax Post-Budget 2011 (Base year 2009)
Range of Gross Income | Number of Taxpayers | % of Total Number of Taxpayers | Income Tax | % of Total Income Tax Yield |
Over €35,000 | 833, 759 | 38.70 | €11,118,972,800 | 93.69 |
Over €40,000 | 696,108 | 32.31 | €10,670,655,000 | 89.91 |
Over €50,000 | 491,258 | 22.80 | €9,612,633,600 | 81.00 |
Over €70,000 | 259,458 | 12.04 | €7,533,907,000 | 63.48 |
Over €100,000 | 111,053 | 5.15 | €5,204,710,600 | 43.86 |
Over €250,000 | 13,565 | 0.63 | €1,954,914,500 | 16.47 |
Over €500,000 | 3,262 | 0.15 | €1,015,132,600 | 8.55 |
Over €1,000,000 | 636 | 0.03 | €526,030,300 | 4.43 |
Income Tax Post-Budget 2012 (Base year 2009)
Range of Gross Income | Number of Taxpayers | % of Total Number of Taxpayers | Income Tax | % of Total Income Tax Yield |
Over €35,000 | 844,489 | 39.00 | €11,346,464,900 | 93.76 |
Over €40,000 | 706,159 | 32.62 | €10,893,221,300 | 90.02 |
Over €50,000 | 499,285 | 23.06 | €9,820,466,500 | 81.15 |
Over €70,000 | 264,621 | 12.22 | €7,707,555,600 | 63.69 |
Over €100,000 | 113,489 | 5.24 | €5,328,329,800 | 44.03 |
Over €250,000 | 13,895 | 0.64 | €2,002,528,400 | 16.55 |
Over €500,000 | 3,336 | 0.15 | €1,038,731,400 | 8.58 |
Over €1,000,000 | 657 | 0.03 | €538,311,300 | 4.45 |
It should be noted that the income ranges shown in the above table relate to Gross Income as defined in Revenue Statistical Report 2010.
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 for the years 2011 and 2012 respectively. They are 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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