Written answers

Wednesday, 25 September 2013

Department of Finance

Pensions Levy Yield

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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73. To ask the Minister for Finance the revenue raised from the pension levy in 2013; and if he will make a statement on the matter. [39958/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The yield to date from the 0.6% stamp duty levy on pension fund assets in respect of 2013 is €110 million. However, the deadline date by which payment of the levy is due for 2013 is today (25 September 2013). It will take some days before the data on the yield as at the deadline date feeds through the Revenue Commissioners’ systems. The information should be available at the time of the publication of the end-September 2013 tax returns (2nd October) and I will ensure that the Deputy is updated with the information on the pension fund levy yield at that time.

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