Michael McGrath (Cork South Central, Fianna Fail)
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94. To ask the Minister for Finance the yield from non-indexation of the tax bands and credits in 2017; the number of taxpayers impacted by the decision not to change the bands and credits; and if he will make a statement on the matter. [31417/16]

Michael Noonan (Limerick City, Fine Gael)
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As part of the preparation for Budget 2017, it was estimated that the Exchequer yield from non-indexation of the income tax system would be in region of c. €385 million in 2017 and €450 million on a full year basis.  Of this, non-indexation of income tax credits and bands accounts for c. €345 million in a first year and €400 million on a full year basis.

I am advised by the Revenue Commissioners that it is estimated that around 1.6 million tax cases were impacted by the decision not to index income tax credits and bands in 2017.

Michael McGrath (Cork South Central, Fianna Fail)
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95. To ask the Minister for Finance the change in the monetary value of the PAYE and personal tax credits in 2017, if they had been indexed in line with expected earnings growth and inflation; and if he will make a statement on the matter. [31418/16]

Michael McGrath (Cork South Central, Fianna Fail)
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96. To ask the Minister for Finance the change in the entry point to the top income rate for a single person, currently at €33,800, if it had been indexed in 2017 based on expected earnings growth and inflation; and if he will make a statement on the matter. [31419/16]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 95 and 96 together.

The following table sets out the estimated nominal change in relation to the PAYE and personal tax credits in 2017.  This is based on a technical assumption of indexation in line with expected earnings growth of 2.7% and inflation (HICP) of 1.3%.  These were set out in my Department's Autumn forecasts in Budget 2017.

Figures are rounded to nearest €5.

In addition, the following table sets out the change in the single personal standard rate tax band, if it had been indexed in 2017, based on a technical assumption in line with the expected earnings and inflation (HICP) developments.

Figures are rounded to nearest €5.

It is important to point out that the above calculations are prepared on a Pre-Budget 2017 basis, using the Revenue Commissioners Pre-Budget 2017 Income Tax ready reckoner.