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Dáil

Ceisteanna—Questions. Oral Answers. - Income-Tax Collections.

asked the Minister for Finance if he can state how much income-tax has been collected under Schedule E in the last year for which figures are available; and how much of this tax refers to taxpayers with a total income of £l,000 and less.

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The information for which the Deputy asks is not available as, under the existing system of accounting for income-tax collected in any year, the net receipt of that tax is not segregated into the various schedules. The ultimate yield of income-tax in respect of assessments made in the year 1955-56 is, however, estimated at £22,952,000, of which an estimated £6,048,000 is attributable to assessments under Schedule E. Statistics are not available to indicate what proportion of the estimated yield under Schedule E is attributable to taxpayers with total incomes of £1,000-and less.

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