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Tax Code

Dáil Éireann Debate, Wednesday - 26 July 2017

Wednesday, 26 July 2017

Questions (183)

Richard Boyd Barrett

Question:

183. Deputy Richard Boyd Barrett asked the Minister for Finance the amount the State would save if it only allowed tax breaks for private pensions at the 20% marginal rate. [36327/17]

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Written answers

I am advised by Revenue that a pre-Budget 2018 Ready Reckoner is available on the Revenue Statistics web page at the link: http://www.revenue.ie/en/corporate/information-about-revenue/statistics/ready-reckoner/index.aspx. In relation to the Deputy's Questions, page 11 of this Ready Reckoner shows the estimated cost or yield from changing the ceiling on the annual earnings limit for determining maximum allowable contributions for pension purposes and also the cost of reducing the marginal effective rate of such pension reliefs.

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