Written answers
Wednesday, 4 February 2015
Department of Finance
Pensions Levy Yield
Michael McGrath (Cork South Central, Fianna Fail)
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53. To ask the Minister for Finance the final yield from the 0.75% pension fund levy in 2014; the way this compared to the projected yield at budget time; and if he will make a statement on the matter. [5059/15]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the Revenue Commissioners that final receipts in 2014 from the Stamp Duty levy on pension fund assets, introduced in the Finance (No.2) Act 2011, are €743 million. The forecast yield for 2014 was €675 million.
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