Stephen Donnelly (Wicklow, Independent)
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98. To ask the Minister for Finance if he will provide, in tabular form, the expected revenue that would be generated for the exchequer in 2014 through Value Added Tax at each percentage point from 0 to 35 for each of the separate categories of produce that Value Added Tax is charged on; and if he will make a statement on the matter. [33875/13]

Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that the full year cost or yield to the Exchequer from increasing or reducing the 9%, 13.5% and 23% rates, are provisionally estimated as follows. These figures are estimates in terms of 2013 expected yields. Corresponding estimates for 2014 are not yet available.

A pro-rata calculation may be applied to these figures to arrive at the impacts of greater or lesser increases or decreases to the respective rates.

The Deputy will be aware that Irish VAT law is governed by the EU VAT Directive, and any changes made to the VAT rates must be guided by EU VAT law. In this context, where the zero rate of VAT is increased, children’s shoes and clothes could only be increased to the standard rate (23%) while other goods at the zero rate could be increased to a reduced rate of 5% or more, provided only two reduced VAT rates are in operation. As such, there are no figures provided for a 1% increase on the zero rate. In addition, most items applying currently at the 13.5% cannot be reduced below 12%.

As stated earlier, the costings in the table relation to the 9% VAT rate relates to 2013 figures. From 2014 all goods and services applying at this rate are scheduled to revert to 13.5%, and so any change that would result in a rate lower than 13.5% on this activity would result in a cost to the Exchequer. However, costings in relation to the items currently at the 9% rate for 2014 are not yet available. Any decision on a deviation from this policy will be taken in the context of Budget 2014.

Stephen Donnelly (Wicklow, Independent)
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99. To ask the Minister for Finance the total revenue raised for the exchequer through Deposit Interest Retention Tax for the year 2013 and the expected yield of this tax for 2014 if there is no change to the rate charged; and if he will make a statement on the matter. [33876/13]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware, the DIRT rate was increased by 3 per cent in Budget 2013. The most recently published fiscal forecast was contained in the SPU in April. The DIRT forecast underpinning the 2013 projection was c. €650m. If there is no change in the applicable DIRT rate, the estimated yield in 2014 is c. €675m, which includes carryover from the Budget 2013 measure. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging fiscal and economic data are taken on board.

Stephen Donnelly (Wicklow, Independent)
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100. To ask the Minister for Finance the total amount that would be raised for 2014 if Deposit Interest Retention Tax was applicable to interests on deposits where the beneficial owner is a non-resident; and if he will make a statement on the matter. [33877/13]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that basic data are not available on Revenue records to provide a basis for compiling estimates of the impact on the Exchequer from the proposal mentioned in the question. Accordingly, the specific information requested by the Deputy cannot be provided. In many cases a non-resident individual with an Irish bank account may be resident in a country with which Ireland has a Double Taxation Agreement (DTA) and any liability to Irish tax on the deposit interest may be relieved by the DTA between the State and the other jurisdiction. In such cases, no additional income would arise to the Exchequer from applying DIRT to such accounts and it is more administratively efficient to exempt such accounts from DIRT, on the furnishing of a Non-resident Declaration, rather than charging the tax and operating a refund scheme.

Stephen Donnelly (Wicklow, Independent)
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101. To ask the Minister for Finance the total amount of revenue raised for the Exchequer from Vehicle Registration Tax for 2013 and the revenue expected to be raised for 2014 if there is no change to the rates and there is no change to the vehicle categories and to provide, in tabular form, a breakdown of the revenue and expected revenue for 2013 and 2014 respectively by category of vehicle; and if he will make a statement on the matter. [33881/13]

Michael Noonan (Limerick City, Fine Gael)
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The most recently published fiscal forecast was contained in the SPU in April. The VRT estimate underpinning the 2013 excise forecast was c. €480m. If there is no change in the VRT rate, the estimate for 2014, as per the SPU, is c.€490m. It should be pointed out that these figures may be comprehensively revised in the context of the White Paper and Budget 2014 as emerging fiscal and economic data are taken on board.

It is not possible at this time provided to give a detailed breakdown of expected revenue per category of vehicle. However, the Deputy might like to know the breakdown of VRT by category for the previous four years.

Stephen Donnelly (Wicklow, Independent)
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102. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the individual, if an average single individual not currently in employment with no dependents were to return to take up full time employment; and if he will make a statement on the matter. [33882/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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103. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the individual, if an average individual not currently in employment with a dependent spouse were to return to take up full time employment; and if he will make a statement on the matter. [33883/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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104. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the individual, if an average single individual not currently in employment with one dependent child were to return to take up full time employment; and if he will make a statement on the matter. [33884/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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105. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the individual, if an average individual with a dependent spouse and one dependent child were to take up full time employment; and if he will make a statement on the matter. [33885/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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106. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the individual, if an average single individual not currently in employment with two dependent children were to return to take up full time employment; and if he will make a statement on the matter. [33886/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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107. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person with a dependent spouse and two dependent children were to take up full time employment; and if he will make a statement on the matter. [33887/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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108. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person not currently in employment with three dependent children were to return to take up full time employment; and if he will make a statement on the matter. [33888/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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109. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person with a dependent spouse and three children were to take up full time employment; and if he will make a statement on the matter. [33889/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that individual in question takes up employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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110. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part time employment with no dependents were to return to move to full time employment; and if he will make a statement on the matter. [33890/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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111. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part time employment with a dependent spouse were to return to move to full time employment; and if he will make a statement on the matter. [33891/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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112. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part time employment with one dependent child were to return to move to full time employment; and if he will make a statement on the matter. [33892/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that Family Income Supplement (FIS) has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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113. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part time employment with a dependent spouse and one dependent child were to move to full time employment; and if he will make a statement on the matter. [33893/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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114. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part time employment with two dependent children were to move to full time employment; and if he will make a statement on the matter. [33894/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that Family Income Supplement (FIS) has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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115. To ask the Minister for Finance the expected revenue generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part time employment with a dependent spouse and two dependent children were to move to full time employment; and if he will make a statement on the matter. [33895/13]

Michael Noonan (Limerick City, Fine Gael)
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I assume the Deputy refers to a married individual. In such a case it is further assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate.

It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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116. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part time employment with three dependent children were to move to full-time employment; and if he will make a statement on the matter. [33896/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that Family Income Supplement (FIS) has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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117. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part time employment with a dependent spouse and three children were to move to full-time employment; and if he will make a statement on the matter. [33897/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the average industrial wage (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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118. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person not currently in employment with a working spouse were to return to take up full-time employment; and if he will make a statement on the matter. [33898/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is not working in 2013. However, in 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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119. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person with a working spouse and one dependent child were to take up full-time employment; and if he will make a statement on the matter. [33899/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is not working in 2013. However, in 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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120. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person with a working spouse and two dependent children were to take up full-time employment; and if he will make a statement on the matter. [33900/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is not working in 2013. However, in 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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121. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person with a working spouse and three children were to take up full-time employment; and if he will make a statement on the matter. [33901/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is not working in 2013. However, in 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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122. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part-time employment with a working spouse were to return to move to full-time employment; and if he will make a statement on the matter. [33902/13]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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123. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part-time employment with a working spouse and one dependent child were to move to full-time employment; and if he will make a statement on the matter. [33903/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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124. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average single person currently in part-time employment with a working spouse and two dependent children were to move to full-time employment; and if he will make a statement on the matter. [33904/13]

Michael Noonan (Limerick City, Fine Gael)
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I assume the Deputy refers to a married individual. In such a case it is further assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014

Stephen Donnelly (Wicklow, Independent)
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125. To ask the Minister for Finance the revenue expected to be generated for the year 2014, assuming no changes to the taxation relevant to the person, if an average person currently in part-time employment with a working spouse and three children were to move to full-time employment; and if he will make a statement on the matter. [33905/13]

Michael Noonan (Limerick City, Fine Gael)
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It is assumed that the individual in question is working part time in 2013 for 20 hours a week at the minimum hourly rate of €8.65 per hour, which equates to an annual income of €8,996 per annum. In 2014, the individual takes up full time employment earning the minimum wage €17,542 (i.e. 39 hours @ €8.65 per hour * 52 weeks = €17,542). It is further assumed, that the working spouse in 2013 is working full time and earns the average industrial wage in 2013 and 2014 (i.e. €31,485 for 2012 based on the latest information available). In addition, it should be noted that any social welfare payment that an individual may be entitled to has not been taken account of for the purpose of these computations. Furthermore, it is assumed that the individual is not in receipt of a medical card and therefore does not benefit from the concessionary Universal Social Charge (USC) rate. It should be noted that following tax credits have been included in the computation where relevant:

Tax Liability 2013

Tax Liability 2014