Terence Flanagan
Question:62 Deputy Terence Flanagan asked the Minister for Finance the position regarding taxes (details supplied); and if he will make a statement on the matter. [4552/12]
View answerThursday, 26 January 2012
Questions (65)
Written answers
I am advised by the Revenue Commissioners that the €45m referred to in the 2012 Summary of Budget Measures represents an estimate of increased yield resulting from improved exchanges of information between Revenue and other Governmental Bodies and includes the receipt of additional data on long-term pension payments made by the Department of Social Protection. These long-term pension payment details incorporate information on payments made to old age pensioners and to other recipients who would not be regarded as old age pensioners, for example, those on invalidity pension or widows/widowers and for that reason, it is not possible to say what proportion of the estimated additional yield will come from old age pensioners.