Written answers
Thursday, 17 July 2014
Department of Finance
Pensions Levy
Michael McGrath (Cork South Central, Fianna Fail)
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102. To ask the Minister for Finance if he will set out in tabular form the yield in each year since 2011 from the pension fund levy; the yield to date in 2014; and if he will make a statement on the matter. [32446/14]
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, are as follows:
Year | Yield (€ million) |
---|---|
2011 | 463 |
2012 | 483 |
2013 | 535 |
The deadline date for payment this year of the Pension Fund Levy and of the additional 0.15% levy on pension funds introduced in Budget 2014 is 25 September 2014. The combined forecast yield is €675 million.
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