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Written Answers — Tax Code: Tax Code (2 Jun 2010)

Joan Burton: Question 95: To ask the Minister for Finance further to Parliamentary Question No. 65 of 27 May 2010, if he will set out the amount of tax relief, for 2006, 2007, 2008, and 2009, granted to individuals in respect of pension relief on contributions to pension funds with a value in excess of €1 million, €2 million, €3 million, €4 million and €5 million; his plans to reduce to...

Written Answers — Tax Code: Tax Code (2 Jun 2010)

Brian Lenihan Jnr: ...build up from tax-relieved contributions is known as the Standard Fund Threshold or SFT. The SFT is a lifetime limit which was introduced in Budget and Finance Act 2006 at an initial level of €5 million and was increased in line with an indexation factor in 2007 and 2008 to its current value of just over €5.4 million. A higher limit (the Personal Fund Threshold — PFT) was also...

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