479. Deputy Charles Ward asked the Tánaiste and Minister for Finance the estimated first and full-year yield from each percentage point increase in the minimum effective tax rate of persons earning more than €400,000 per annum; and if he will make a statement on the matter. [40196/26]

In relation to the Deputy’s question, the structure of the Irish personal income tax system does not provide for a minimum effective tax rate, and so it is not possible to perform the costing requested.

An individual will normally pay income tax, PRSI and USC on their employment income and earnings, and the rates at which they are liable to these charges is dependent on their overall level of income and their own specific circumstances.