Written answers

Thursday, 15 November 2012

Photo of Colm KeaveneyColm Keaveney (Galway East, Labour)
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To ask the Minister for Finance the revenue that would be raised if a levy of 10% was imposed on all pension payments above €100,000; 12.5% on all such payments over €200,000; 15% on all such payments over €300,000, 20% on all such payments over €400,000, and 25% on all such payments over €500,000; if he will provide a breakdown of the revenues raised by such a measure on pensions paid for from the public purse and on pensions paid from other sources. [50625/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am advised by the Revenue Commissioners that while social welfare pensions can be separately identified from other sources of income in Revenue statistics, it is not possible to do so in respect of income from other pensions. Consequently there is no complete or reliable basis available to Revenue on which an estimate of the Exchequer yield from the changes mentioned in the question could be compiled.

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