Dáil Éireann - Volume 437 - 16 December, 1993

Written Answers. - Tax Exemptions.

89. Mr. R. Bruton asked the Minister for Social Welfare the cost in each case of exempting the first £1,000 of personal income and of exempting the first £5,000 of personal income from employers' PRSI, from employees' PRSI, the health levy, the youth levy and the temporary income levy.

Minister for Social Welfare (Dr. Woods): The information requested is set out in the following table. In the case of the temporary income levy, the costs refer only to people earning over £9,000; people below this level of earnings are, in general, already exempt from the levy.

Annual Cost in £ millions

Present Type

£1,000 exemption

£5,000 exemption

Employers' PRSI

111.00

483.79

Employees' PRSI

49.58

216.92

Health Levy

13.21

56.74

Youth Levy

10.80

44.54

Temporary Income Levy

6.70

33.30