Written answers

Tuesday, 16 April 2013

Department of Finance

Pensions Levy Yield

Photo of Terence FlanaganTerence Flanagan (Dublin North East, Fine Gael)
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To ask the Minister for Finance the amount that has been collected to date by the pension levy; and if he will make a statement on the matter. [17127/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that receipts to date from the temporary 0.6% stamp duty levy on pension fund assets introduced in the Finance (No. 2) Act 2011 amounted to €463 million in 2011 and €483 million in 2012. This is broadly in line with the amounts anticipated to be collected in those years. There is no yield from the levy as yet in respect of 2013. The deadline date for payment of the levy in 2013 is 25 September next.

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