Written answers

Tuesday, 9 June 2020

Photo of Noel GrealishNoel Grealish (Galway West, Independent)
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57. To ask the Minister for Finance the cost in income tax foregone of income tax relief granted in 2019 on superannuation contributions, excluding the additional superannuation contribution paid by public service employees to public service and statutory occupational pension schemes in that year; the cost in income tax foregone of income tax relief granted in 2019 under section 790CA Taxes Consolidation Act 1997 on additional superannuation contributions paid by public service employees in that year; and if he will make a statement on the matter. [9890/20]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I am informed by Revenue that the cost of Income Tax relief granted on superannuation contributions can be found in the ‘Cost of Tax Expenditures’publication, which is available on the Revenue website at link; www.revenue.ie/en/corporate/information-about-revenue/statistics/tax-expenditures/costs-expenditures.aspx.

The relevant information is available under the heading ‘Employees' Contributions to Approved Superannuation Schemes’.

The latest available data are for 2017, with the 2018 data due for publication in the coming months. The relevant tax returns for 2019 are not due to be filed until late 2020.

It is not possible to exclude the costs relating to public service employees from this information as public sector employers are not separately categorised in Revenue data.

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