PQ 209
229 Mr. Stanton asked the Minister for Finance if, bearing in mind the significant risk that tax revenues may have to be increased to reflect changes in the age structure of the population arising from increasing life expectancy, it is feasible for the PAYE system to be adjusted to ensure that persons investing in pension funds at present will not face the risk of higher marginal rates of PAYE on the annuities they receive when they retire by recording the total amounts of PAYE they save as a percentage of the amounts they invest and by subsequently capping their PAYE liabilities appropriately on any pension annuities they receive. [42696/06]
Introduced
12 December 2006
Last action
12 December 2006 · Tax Code.
Status
written
Sponsors
Stanton, David.
Subjects
Discovery layer
Source updated
12 December 2006
Summary
229 Mr. Stanton asked the Minister for Finance if, bearing in mind the significant risk that tax revenues may have to be increased to reflect changes in the age structure of the population arising from increasing life expectancy, it is feasible for the PAYE system to be adjusted to ensure that persons investing in pension funds at present will not face the risk of higher marginal rates of PAYE on the annuities they receive when they retire by recording the total amounts of PAYE they save as a percentage of the amounts they invest and by subsequently capping their PAYE liabilities appropriately on any pension annuities they receive. [42696/06]
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
12 December 2006
Tax Code.
229 Mr. Stanton asked the Minister for Finance if, bearing in mind the significant risk that tax revenues may have to be increased to reflect changes in the age structure of the population arising from increasing life expectancy, it is feasible for the PAYE system to be adjusted to ensure that persons investing in pension funds at present will not face the risk of higher marginal rates of PAYE on the annuities they receive when they retire by recording the total amounts of PAYE they save as a percentage of the amounts they invest and by subsequently capping their PAYE liabilities appropriately on any pension annuities they receive. [42696/06]
Source: written
Votes
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Versions
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Documents
1 official file
Tax Code.
Tax Code.
xml · EN · 12 December 2006
Sponsors
- Stanton, David. · Asking member
- Minister for Finance · Minister for Finance · Addressed to
Related records
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Sources
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- Official source: https://www.oireachtas.ie/en/debates/question/2006-12-12/209/
- Open data entity: https://data.oireachtas.ie/ie/oireachtas/question/2006-12-12/pq_209
- ireland · q-2006-12-12-pq_209 · source updated 12 December 2006