Jim Daly
Ceist:318. Deputy Jim Daly asked the Minister for Finance if he will clarify the deductions of tax of a pension payment in respect of a person (details supplied) in County Cork [21850/15]
Amharc ar fhreagraTuesday, 9 June 2015
Ceisteanna (318)
Freagraí scríofa
I am advised by the Revenue Commissioners that the income of the person in question increased during 2014 compared to 2013. In 2013, the person's income was below the exemption threshold and was not liable to tax; however, the increase in income during 2014 moved the person concerned above this threshold and a liability to tax arose. A revised tax credit certificate issued to the person concerned reflecting the credits to which he was entitled having regard to the increase in income.