Written answers
Tuesday, 17 June 2014
Department of Finance
Pensions Levy Yield
Olivia Mitchell (Dublin South, Fine Gael)
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164. To ask the Minister for Finance to detail the total income to the State from the private pension levy in each year of operation to date, including the estimated value for the current year; and if he will make a statement on the matter. [25578/14]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that receipts to date from the 0.6% Stamp Duty levy on pension fund assets, introduced in the Finance (No. 2) Act 2011, amounted to €463 million in 2011, €483 million in 2012 and €535 million in 2013.
The deadline date for payment of the levy this year is 25 September 2014 and the forecast yield is €675 million.
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