Over 37 per cent of earners not liable for income tax this year

Almost two in five income earners will not pay any income tax this year, according to new government figures.

21st July, 2012

Almost two in five income earners will not pay any income tax this year, according to new government figures.

Figures released by the Department of Finance last week in response to a parliamentary question revealed that some 817,100 people - equating to 37.7 per cent of the income-earning population - are exempt from income tax, with their standard rate liability fully covered by credits or age exemption limits. The figures on the projected distribution of...

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