Written answers

Wednesday, 3 October 2012

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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To ask the Minister for Finance if he will provide the latest figures on income tax in tabular form in bands of €10,000 ranging from €0 to €5 million; the gross income in each band; the numbers in each band; the percentage of total numbers in each band; the average income in each band; the income tax paid in each band; the universal social charge paid in each band; the PRSI paid in each band; the total tax including USC and PRSI paid in each band; the total income after all taxes paid in each band; the average income after all tax is paid in each band and the effective tax rate after all taxes, including USC and PRSI, as a percentage of income paid in each band. [42354/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that the most detailed relevant information that can be readily provided at this time in terms of the income distribution and tax liabilities of income earners is estimated by reference to the income tax year 2012, and is set in the following table. However, because of the Revenue Commissioners' obligation to observe confidentiality in relation to the taxation affairs of individual taxpayers and small groups of taxpayers, the breakdown by income bands requested by the Deputy is not provided in relation to incomes exceeding €2 million due to the small numbers of income earners with incomes in excess of that level.

Combined Income Tax, USC & PRSI - Post Budget 2012 (Base Year 2009)

Range of
Gross Income
Gross Income
Tax/USC/PRSI
Numbers
% of Total
Numbers
% of Total
Tax/
USC/
PRSI
Average Gross
Income
% Effective Rate
of all taxes
Income after
taxes
Average Income after Tax/ USC/
PRSI
0-5,000
488,131,256
0
227,078
10.49%
0.00%
2,150
0.00%
488,131,256
2,150
5,001-10,000
1,253,596,105
6,976,506
167,528
7.74%
0.04%
7,483
0.56%
1,246,619,599
7,441
10,001-15,000
2,312,485,072
57,720,581
184,558
8.52%
0.31%
26,532
2.50%
2,254,764,491
12,217
15,001-20,000
3,484,280,522
158,631,978
198,371
9.16%
0.86%
17,564
4.55%
3,325,648,544
16,765
20,001-30,000
9,590,057,348
935,136,874
386,339
17.84%
5.07%
24,823
9.75%
8,654,920,474
22,402
30,001-40,000
10,258,657,137
1,505,941,661
295,068
13.63%
8.16%
34,767
14.68%
8,752,715,476
29,663
40,001-50,000
9,233,596,409
1,779,918,325
206,874
9.55%
9.65%
44,634
19.28%
7,453,678,084
36,030
50,001-60,000
7,600,348,121
1,710,908,056
139,022
6.42%
9.28%
54,670
22.51%
5,889,440,065
42,363
60,001-70,000
6,189,082,128
1,517,148,428
95,641
4.42%
8.22%
64,712
24.51%
4,671,933,700
48,849
70,001-75,000
2,727,818,924
706,315,373
37,665
1.74%
3.83%
72,423
25.89%
2,021,503,551
53,671
75,001-80,000
2,460,385,544
662,029,386
31,778
1.47%
3.59%
77,424
26.91%
1,798,356,158
56,591
80,001-90,000
4,079,790,804
1,143,781,572
48,173
2.22%
6.20%
84,690
28.04%
2,936,009,232
60,947
90,001-100,000
3,174,795,435
936,659,669
33,515
1.55%
5.08%
94,728
29.50%
2,238,135,766
66,780
100,001-120,000
4,565,439,796
1,430,393,858
41,890
1.93%
7.75%
108,986
31.33%
3,135,045,938
74,840
120,001-140,000
2,983,516,699
993,161,460
23,114
1.07%
5.38%
129,078
33.29%
1,990,355,239
86,110
140,001-160,000
1,960,277,282
678,721,677
13,140
0.61%
3.68%
149,184
34.62%
1,281,555,605
97,531
160,001-180,000
1,359,220,515
481,690,586
8,029
0.37%
2.61%
169,289
35.44%
877,529,929
109,295
180,001-200,000
1,013,060,376
366,091,852
5,350
0.25%
1.98%
189,357
36.14%
646,968,524
120,929
200,001-250,000
1,791,691,539
658,452,673
8,071
0.37%
3.57%
221,991
36.75%
1,133,238,866
140,409
250,001-300,000
1,177,244,030
438,294,588
4,322
0.20%
2.38%
272,384
37.23%
738,949,442
170,974
300,001-350,000
850,570,163
318,196,139
2,631
0.12%
1.73%
323,288
37.41%
532,374,024
202,347
350,001-400,000
608,215,973
232,244,256
1,630
0.08%
1.26%
373,139
38.18%
375,971,717
230,658
400,001-450,000
491,782,546
186,358,473
1,161
0.05%
1.01%
423,585
37.89%
305,424,073
263,070
450,001-500,000
386,210,649
147,475,511
815
0.04%
0.80%
473,878
38.19%
238,735,138
292,927
500,001-750,000
1,218,485,106
467,037,155
2,030
0.09%
2.53%
600,239
38.33%
751,447,951
370,171
750,001-1,000,000
552,453,776
217,533,809
647
0.03%
1.18%
853,870
39.38%
334,919,967
517,651
1,000,001-2,000,000
701,243,630
259,614,694
537
0.02%
1.41%
1,305,854
37.02%
441,628,936
822,400
Over 2,000,000
1,033,458,034
449,232,794
120
0.01%
2.44%
8,612,150
43.47%
584,225,240
4,868,544
Total
83,545,894,919
18,445,667,934
2,165,097
100.00%
100.00%

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. The numbers of income earners shown in the table counts a married couple who has elected or has been deemed to have elected for joint assessment as one tax unit although USC and PRSI are individualised charges and as such the yield is calculated on the basis of individual incomes.

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