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Seanad: Finance Bill 2014: Report and Final Stages (11 Dec 2014)

Feargal Quinn: I second the recommendation. I welcome the Minister of State to the House again. He must be getting very fond of us. I thank him for his detailed response on my Committee Stage recommendation on PRSAs, personal retirement savings accounts, and USC, universal social charge. I have read its great technical detail but it does not detract from the very fundamental principle that, in the eyes of...

Seanad: Finance Bill 2014: Report and Final Stages (11 Dec 2014)

Aideen Hayden: ...point about the real difficulties for women in the workplace, as well as their entry and exit patterns due to family circumstances. Obviously, the imposition of USC on an employer’s contribution to a PRSA is important in this respect. I cannot pretend I entirely understood the Minister of State’s technical rejoinder to the recommendation yesterday, but I did get the gist of...

Seanad: Finance Bill 2014: Report and Final Stages (11 Dec 2014)

Darragh O'Brien: ...the following:“(b) in section 531AM(1)(b) to insert the following after paragraph (viii)—“(ix) where an individual is charged to income tax under section 112 in respect of a contribution to a PRSA (within the meaning of Chapter 2A of Part 30) by virtue of section 118(5), the amount of the contribution to the PRSA,”,”.This recommendation was discussed...

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