Finian McGrath
Question:46. Deputy Finian McGrath asked the Minister for Finance if the pension levy is here to stay or if it will end soon. [53451/13]
View answerThursday, 12 December 2013
Questions (46)
Written answers
I announced in my Budget 2014 speech that the 0.6% Pension Fund Levy introduced to fund the Jobs Initiative in 2011 will be abolished from the 31st of December 2014. I will however, introduce an additional levy on pension funds at 0.15% to, among other things, continue to help fund the Jobs Initiative. The additional levy, within the existing legal framework, will apply to pension fund assets in 2014 and 2015.