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So, how many people will earn over €200,000 next year?

Michael Noonan recently revealed how many people are expected to fall into each income bracket in 2015.

Image: Shutterstock/Ismagilov

ALOMST 25,000 PEOPLE in Ireland will earn over €200,000 in 2015, according to figures released by the Department of Finance.

The two largest groups of earners – 324,506 and 229,709 people – will make between €30,000 – €40,000 and €40,000 – €50,000.

More than 360,000 people will earn less than €9,000 next year, while over 125,000 people will make €100,000 plus.

income brackets Source: Oireachtas.ie

The figures, based on estimates compiled by the Revenue Commission, were made public by Finance Minister Michael Noonan in response to a parliamentary question asked by former junior minister Róisín Shortall.

Noonan said the figures are based on actual data for 2012 which was “adjusted as necessary for income, self-employment and employment trends in the interim”.

“It should also be noted that a married couple or civil partnership that has elected or has been deemed to have elected for joint assessment is counted as one tax unit,” Noonan stated in the Dáil.

Cutting top rate of tax could give ‘half of taxpayers’ more money in their pocket

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Órla Ryan

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