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Pensions Levy Yield

Dáil Éireann Debate, Wednesday - 25 September 2013

Wednesday, 25 September 2013

Questions (73)

Michael McGrath

Question:

73. Deputy Michael McGrath asked the Minister for Finance the revenue raised from the pension levy in 2013; and if he will make a statement on the matter. [39958/13]

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Written answers

The yield to date from the 0.6% stamp duty levy on pension fund assets in respect of 2013 is €110 million. However, the deadline date by which payment of the levy is due for 2013 is today (25 September 2013). It will take some days before the data on the yield as at the deadline date feeds through the Revenue Commissioners’ systems. The information should be available at the time of the publication of the end-September 2013 tax returns (2nd October) and I will ensure that the Deputy is updated with the information on the pension fund levy yield at that time.

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