Written answers
Tuesday, 29 July 2025
Department of Finance
Tax Data
Pearse Doherty (Donegal, Sinn Fein)
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731. To ask the Minister for Finance the total number of individual taxpayer units that would be impacted by reducing the Standard Fund Threshold from €2 million to €1.5million. [43853/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Standard Fund Threshold (SFT) is the maximum allowable pension fund on retirement for tax purposes which was introduced in Budget and Finance Act 2006 to prevent over-funding of pensions through tax-relieved arrangements.
I am informed by Revenue that they are unable to provide information on the total number of individual taxpayer units that would be impacted by a reduction in the SFT from €2m to €1.5m as this information is unavailable to them.
Pearse Doherty (Donegal, Sinn Fein)
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732. To ask the Minister for Finance the total number of individual taxpayer units that would be impacted by reducing the Pension Relief Earnings Limit from €115,000 to €60,000. [43854/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by Revenue that a tentative estimate, for 2025, of the number of taxpayer units impacted by a reduction of the total earnings limit from €115,000 to €60,000 is of the order of 43,000. In the case of couples who have elected to be jointly assessed they are counted as one taxpayer unit. In all other cases a taxpayer unit refers to an individual.
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