Written answers

Tuesday, 4 March 2025

Photo of Paul DonnellyPaul Donnelly (Dublin West, Sinn Fein)
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313. To ask the Minister for Finance the estimated full-year yield that would be generated by establishing two new income tax bands of 46% on earnings between €140,000 and €200,000 and 50% on earnings over €200,001; and if he will make a statement on the matter. [9585/25]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that the estimated first and full year yields to the Exchequer from the introduction of two new income tax bands of 46% on earnings between €140,000 and €200,000 and 50% on earnings greater than €200,000 are €1,125 million and €1,420 million respectively.

The estimated yields are calculated on a taxpayer unit basis, a taxpayer unit is either an individual with any personal status who is singly assessed or a couple in a marriage or civil partnership who have elected for joint assessment.

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