Written answers

Tuesday, 2 July 2019

Photo of Seán SherlockSeán Sherlock (Cork East, Labour)
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179. To ask the Minister for Finance if a person (details supplied) in County Kildare is paying the correct tax on their pension. [27496/19]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am informed that the person in question is in receipt of a pension from the Department of Employment Affairs and Social Protection (DEASP) and receives a private occupational pension.

Revenue has confirmed that where a person is in receipt of both a State pension and a private pension, any income tax that may be due in respect of the State pension is collected by reducing the income tax credits applied to the private pension.

For example, where a person in receipt of both a State pension and a private pension receives an increase of €5 per week (€260 per year) in the State pension, an additional tax liability of €1 per week falls due from his/her private pension, i.e. (€260 x 20% standard rate/52 weeks).

Revenue has also advised me that it has examined the tax record of the person concerned and is satisfied that the correct amount of tax is being deducted. Revenue has contacted the person and clarified the position with them.

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