Mattie McGrath (Tipperary South, Independent)
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376. To ask the Minister for Finance his plans to cut the pension levy; and if he will make a statement on the matter. [31845/15]

Michael Noonan (Limerick City, Fine Gael)
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I assume that this question refers to the stamp duty levies applying to the assets of funded pension arrangements introduced in 2011 to pay for the Jobs Initiative, the chargeable persons for which are the trustees of pension schemes and others responsible for the management of pension fund assets.

The original 0.6% stamp duty levy on pension fund assets ended last year. The additional levy of 0.15% which I introduced for 2014 and 2015, mainly to help continue to fund Jobs Initiative, will also end after this year.