68 Deputy Brendan Smith asked the Minister for Finance if he will clarify the situation in relation to a pensioner couple over 70 where the man has contributory State pension plus qualified adult allowance for spouse and a private managed pension fund bringing in perhaps income of €20,000 per annum, the spouse never worked outside the home and has no separate income but the private managed fund has recently been put in joint names; if he will clarify the effects of such a decision on joint names; if it will affect entitlement to full QAA on social protection pension, taxation commitments or indeed allowances; if the spouse will now get an extra tax allowance if she is legally to be tax assessed in her own name or can matters continue as before with all income taxed in husband’s name only; if he will clarify same; and if he will make a statement on the matter. [12013/12]

Summary

68 Deputy Brendan Smith asked the Minister for Finance if he will clarify the situation in relation to a pensioner couple over 70 where the man has contributory State pension plus qualified adult allowance for spouse and a private managed pension fund bringing in perhaps income of €20,000 per annum, the spouse never worked outside the home and has no separate income but the private managed fund has recently been put in joint names; if he will clarify the effects of such a decision on joint names; if it will affect entitlement to full QAA on social protection pension, taxation commitments or indeed allowances; if the spouse will now get an extra tax allowance if she is legally to be tax assessed in her own name or can matters continue as before with all income taxed in husband’s name only; if he will clarify same; and if he will make a statement on the matter. [12013/12]

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• Pension Provisions

  xml · EN · 1 March 2012

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