Written answers

Tuesday, 16 December 2014

Photo of Finian McGrathFinian McGrath (Dublin North Central, Independent)
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218. To ask the Minister for Finance if persons with an income of more than €150,000 per annum actually earn €11 billion in total; if income groups with more than €150,000 pay more than additional tax of 4.7%; and if he will make a statement on the matter. [48067/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that the Commissioners publish income distribution statistics based on incomes filed in tax returns. Income Distribution Statistics are published on Revenue's statistics webpage at .

For example, in 2012 (the most recent year for which tax returns are filed and processed), 37,200 taxpayer units have income of €150,000 or over. These cases report income of €10.5 billion in total and paid combined Income Tax/Universal Social Charge (USC) of €3.9 billion. From the total population for 2012, these cases represent 1.8% of income earners, account for 13.2% of total income and 25.5% of Income Tax/USC paid.

Married persons or civil partners who have elected or who have been deemed to have elected for joint assessment are counted as one tax unit.

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