Written answers

Tuesday, 2 October 2012

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide in tabular form the percentage of income tax paid in 2011 by the top 1%, 5%, 10%, 20% and 50% of earners. [41573/12]

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if he will provide in tabular form the percentage of income earned in 2011 by the top 1%, 5%, 10%, 20% and 50% of earners. [41574/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 130 and 131 together.

I am advised by the Revenue Commissioners that the relevant information that is readily available at this time in respect of the top 1%, 5%, 10%, 20% and 50% of income earners is as estimated by reference to the income tax year 2012, and is set in the following table:

-Top 1% of income earners Top 5% of income earners Top 10% of income earners Top 20% of income earners Top 50% of income earners
% of Income Tax Paid
20%
43%
59%
77%
97%
% of Gross income
10%
24%
35%
52%
82%

It should be noted that the figures for tax relate only to income tax and do not take account of additional liability to PRSI and 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 Gross Income is as defined in Revenue Statistical Report 2010.

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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