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Pensions Levy Yield

Dáil Éireann Debate, Tuesday - 16 October 2012

Tuesday, 16 October 2012

Questions (225)

Michael McGrath

Question:

225. Deputy Michael McGrath asked the Minister for Finance the amount of money collected by way of the levy on pension funds in 2011 and 2012; and if he will make a statement on the matter. [44865/12]

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Written answers

I am informed by the Revenue Commissioners that receipts from the temporary 0.6% stamp duty levy on pension fund assets introduced in the Finance (No. 2) Act 2011 amounted to €463 million in 2011 and to €477 million in 2012 by the end of September. This is broadly in line with the amounts anticipated to be collected over the period.

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