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Pensions Levy Yield

Dáil Éireann Debate, Tuesday - 16 April 2013

Tuesday, 16 April 2013

Questions (318)

Terence Flanagan

Question:

318. Deputy Terence Flanagan asked the Minister for Finance the amount that has been collected to date by the pension levy; and if he will make a statement on the matter. [17127/13]

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Written answers

I am informed by the Revenue Commissioners that receipts to date 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 €483 million in 2012. This is broadly in line with the amounts anticipated to be collected in those years. There is no yield from the levy as yet in respect of 2013. The deadline date for payment of the levy in 2013 is 25 September next.

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