Pearse Doherty
Ceist:158. Deputy Pearse Doherty asked the Minister for Finance the revenue raised by standardising all pension tax relief at the 20% rate. [48965/18]
Amharc ar fhreagraTuesday, 27 November 2018
Ceisteanna (158)
Freagraí scríofa
I am informed by Revenue that the estimated savings to the Exchequer that would arise as a result of decreasing the rate or ceiling for occupational pension schemes, RACs and PRSAs to 20% is outlined on page 11 of the Revenue Ready Reckoner, at https://www.revenue.ie/en/corporate/documents/statistics/ready-reckoner.pdf.
Based on these estimates, standardizing the relief at 20% and maintaining the current €115,000 ceiling would yield €319m.