Vol. 526 No. 2
77 Mr. Durkan asked the Minister for Finance if a person (details supplied) in County Kildare is eligible for refund of income tax paid on retirement gratuity in view of the fact that his retirement was on ill health grounds; and if he will make a statement on the matter. [26214/00]
I am informed by the Revenue Commissioners that retirement lump sums paid under superannuation schemes are normally paid tax free, irrespective of the grounds on which a taxpayer retires. There are certain circumstances in which a taxpayer may be eligible for further tax relief, for example, if a contribution is made from the retirement lump sum to a widows and orphans pension scheme. The inspector has written to the taxpayer requesting information about the lump sum payment he received on retirement. On receipt of this information, the inspector will conduct a review of the taxpayer's tax liability to determine whether any further tax relief may be due.
