Written answers
Tuesday, 12 April 2005
Department of Finance
Special Savings Incentive Scheme
9:00 pm
Seán Ryan (Dublin North, Labour)
Link to this: Individually | In context
Question 357: To ask the Minister for Finance the number of SSIA's due to mature at the end of each month from 31 May 2006 to 30 April 2007. [10368/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
Link to this: Individually | In context
Special savings incentive accounts, SSIAs, will mature between May 2006 and April 2007 depending on when the account was opened. Based on the most recent information available to the Revenue Commissioners, that is, the returns for 2003, the number of SSIAs due to mature in that period is as outlined in the table below. These numbers can be expected to reduce marginally between now and the respective maturity dates due to account closures in the interim.
| Table: SSIA accounts maturing in 2006-07 — based on 2003 data | ||
| Commencement Date | Maturity Date | No. of SSIA accounts (000's) |
| May-01 | May-06 | 41.9 |
| Jun-01 | Jun-06 | 82.9 |
| Jul-01 | Jul-06 | 58.6 |
| Aug-01 | Aug-06 | 41.8 |
| Sep-01 | Sep-06 | 34.2 |
| Oct-01 | Oct-06 | 34.3 |
| Nov-01 | Nov-06 | 39.1 |
| Dec-01 | Dec-06 | 38.5 |
| Jan-02 | Jan-07 | 34.1 |
| Feb-02 | Feb-07 | 52.6 |
| Mar-02 | Mar-07 | 101.1 |
| Apr-02 | Apr-07 | 554.8 |
| Total | 1,113.9 |
No comments