Written answers

Tuesday, 2 October 2012

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)
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To ask the Minister for Finance the procedure to be followed in the case of a person (details supplied) in County Kildare whose retirement benefit pension has been taxed at the higher rate; and if he will make a statement on the matter. [41461/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I have been advised by the Revenue Commissioners that all the tax credits of the person in question have been allocated to his and his spouse’s current employments. The taxpayer did not apply for a tax credit certificate in respect of the pension payment and accordingly the pension provider correctly operated the emergency basis of tax deduction on the pension payment. Revenue has contacted the employer concerned, and based on the information currently available, tax has not been over deducted from the pension payment. After the year end the person concerned can request a PAYE Balancing Statement (P21) and the final position will be determined at that time.

The Revenue Commissioners will contact the person concerned shortly to explain the position.

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