Written answers
Tuesday, 12 July 2011
Department of Finance
Tax Code
10:00 pm
Terence Flanagan (Dublin North East, Fine Gael)
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Question 105: To ask the Minister for Finance his views on the matter (details supplied) regarding personal fund threshold; and if he will make a statement on the matter. [19721/11]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that they will be able to provide a full breakdown of Personal Fund Threshold (PFT) applications received and certificates issued when all of the applications have been processed. Each case has to be examined individually to ascertain the correct PFT amount and Revenue are still working through the applications. In view, amongst other things, of the poor quality of some of the submissions, Revenue anticipate that this will take at least another 2 to 3 months to complete.
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