CEISTEANNA.—QUESTIONS. ORAL ANSWERS. - ARREAR-COLLECTION OF INCOME TAX.

Wednesday, 21 November 1928

Dáil Éireann Debate
Vol. 27 No. 4

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Mr. FLINN: Information on Hugh Victor Flinn  Zoom on Hugh Victor Flinn  asked the Minister for Finance whether he can state the amounts of income tax collected in years after 1923-24 which related to years prior to the year concerned:— thus, whether he can state what amount was collected in 1924-25 which related to 1923-24 and 1924-25, what amount was collected in 1926-27 which related to 1923-24, 1924-25, 1925-26, and what amount was collected in 1927-28 which related to 1923-24, 1924-25, 1925-26 and 1926-27, and whether he will state the amounts for each year separately.

Mr. BLYTHE: Information on Ernest Blythe  Zoom on Ernest Blythe  As the answer is in the form of a tabular statement I propose to circulate it in the Official Report.

Following is the statement:—

Period of Collection. Year in which Duty was assessed.
1922-23 and earlier. 1923-24 1924-25 1925-26 1926-27
£ £ £ £ £
Year ended 31st March, 1925 1,023,743 2,087,564 — — —
,,,,1926 526,063 402,250 2,346,270 — —
,,,,1927 270,728 145,927 367,898 1,797,687 —
,,,,1928 103,638 50,619 103,580 179,839 1,648,588

It should be noted that a considerable portion of the Income Tax assessed in one year is normally collected in the following year.

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