Written answers
Wednesday, 6 June 2012
Department of Finance
Tax Collection
10:00 pm
Joanna Tuffy (Dublin Mid West, Labour)
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Question 72: To ask the Minister for Finance further to Parliamentary Question No 171 of 15 May 2012, if he will supply a table for the tax year 2011, using data from the Revenue Commissioners and the Department of Social Protection, to show by range of gross income, the sources of incomes for those aged 65 and over distinguishing between the following categories, income from work and self employment, occupational or personal pensions, social welfare pensions, other income and total gross income; and if he will make a statement on the matter. [26431/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the most recent basic data available on the incomes of income earners aged 65 and over from which information of the type requested by the Deputy could be derived are in respect of the income tax year 2010.
Michael Noonan (Limerick City, Fine Gael)
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Income Earners Aged 65 or over - Distribution of 2010 gross incomes
| Range of gross Income | Number of cases in range | Total Gross Income € | Employment Income * € | Social Welfare pensions € | Income from other sources |
| 0 10,000 | 25,262 | 104,680,175 | 86,114,269 | 10,503,377 | 8,062,528 |
| 10,000 12,000 | 7,308 | 81,413,896 | 31,151,383 | 45,370,929 | 4,891,583 |
| 12,000 15,000 | 16,582 | 223,922,244 | 71,031,883 | 142,023,654 | 10,866,707 |
| 15,000 17,000 | 9,842 | 157,341,738 | 63,249,828 | 83,572,743 | 10,519,167 |
| 17,000 20,000 | 14,834 | 275,310,905 | 117,080,773 | 136,110,631 | 22,119,501 |
| 20,000 25,000 | 26,743 | 601,206,889 | 248,582,804 | 309,169,693 | 43,454,393 |
| 25,000 27,000 | 9,750 | 253,259,160 | 117,175,867 | 116,601,302 | 19,481,991 |
| 27,000 30,000 | 12,887 | 367,127,427 | 186,415,485 | 149,867,842 | 30,844,099 |
| 30,000 35,000 | 18,489 | 599,417,898 | 337,696,666 | 207,644,974 | 54,076,258 |
| 35,000 40,000 | 15,820 | 592,543,750 | 356,010,457 | 180,780,408 | 55,752,885 |
| 40,000 50,000 | 21,793 | 971,399,000 | 625,178,352 | 253,389,123 | 92,831,526 |
| 50,000 60,000 | 13,109 | 715,250,054 | 487,498,392 | 149,392,592 | 78,359,070 |
| 60,000 75,000 | 11,065 | 738,094,226 | 521,743,820 | 122,617,066 | 93,733,340 |
| 75,000 100,000 | 7,977 | 680,107,680 | 489,262,800 | 83,309,062 | 107,535,818 |
| 100,000 150,000 | 4,645 | 554,775,505 | 385,391,044 | 47,622,702 | 121,761,760 |
| 150,000 200,000 | 1,564 | 268,325,577 | 174,255,740 | 14,987,196 | 79,082,641 |
| 200,000 275,000 | 925 | 216,316,703 | 137,580,496 | 8,961,583 | 69,774,624 |
| Over 275,000 | 1,085 | 680,657,847 | 357,548,566 | 9,761,048 | 313,348,233 |
| Totals | 219,680 | 8,081,150,674 | 4,792,968,625 | 2,071,685,925 | 1,216,496,124 |
* Income from Employees and Self-employed
While social welfare pensions can be separately identified from other sources of income in Revenue statistics it is not possible to do so in respect of income from private pensions. Consequently income from private pensions cannot be presented separately in the table.
The figures in the table are based on details from tax returns on record at the time the data were compiled for analytical purposes. This was generally based on coverage levels representing in or about 90% of all returns expected.
It should be noted that the income ranges shown in the above table relate to Gross Income as defined in Revenue Statistical Report 2010. A married couple that have elected or have been deemed to have elected for joint assessment is counted as one taxpayer.
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