Written answers

Wednesday, 13 May 2020

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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56. To ask the Minister for Finance the estimated number of persons that would be impacted by the removal of tax credits from individual incomes above €140,000 tapered at a rate of 2.5% for every €1,000 above €100,000; and if he will make a statement on the matter. [4179/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the number of individuals earning above the €100,000 threshold, where credits would begin to taper as outlined by the Deputy, can be found in the ‘Individualised Gross Incomes’ document published on Revenue’s website at the following link: . 2017 is the most recent tax year for which data are currently available.

As this document shows, 92,397 individuals had gross income of over €100,000 in 2017.

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