Peadar Tóibín
Question:100. Deputy Peadar Tóibín asked the Minister for Finance the revenue that would be raised for the Exchequer by reducing the earnings cap for pension contributions from €115,000 to €70,000. [25274/15]
View answerWednesday, 24 June 2015
Questions (100)
Written answers
I am advised by the Revenue Commissioners that, based on data from 2013 returns which is the latest available year, reducing the current €115,000 ceiling on annual earnings for determining maximum allowable pension contributions for pension purposes to €70,000 per annum would tentatively yield an estimated €100 million.