Dáil Éireann - Volume 663 - 14 October, 2008

Written Answers. - Income Levels.

[557] Deputy Joan Burton asked the Minister for Finance the number of taxpayers with gross income in the range €0 to €275,000, in the range €275,001 to €500,000, in the range €500,001 to €1,000,000, and above €1,000,000 in respect of the tax year 2008, as projected by the Revenue Commissioners using relevant models; and the total income of each group. [34450/08]

  Deputy Brian Lenihan: I am advised by the Revenue Commissioners that the information requested, estimated by reference to the income tax year 2008, is as follows:

All Income Earners 2008

Range of Gross Income

Gross Income within the Range

Numbers

€ million

0 – 275,000

91,710

2,349,700

275,001 – 500,000

3,825

10,700

500,001 – 1,000,000

2,645

3,950

Over 1,000,000

3,460

1,450

Totals

101,640

2,365,800

The figures are estimates from the Revenue tax-forecasting model using actual data for the year 2005 adjusted as necessary for income and employment growth for the years in question. They are therefore provisional and likely to be revised.

It should be noted that a married couple who has elected or has been deemed to have elected for joint assessment is counted as one tax unit.