Budget 2012: Pensions
The key measures that impact upon pensions from Budget 2012
* The annual imputed distribution which applies to the value of
assets in an Approved Retirement Fund (ARF) at 31st December each year is being increased from 5 per cent to 6 per cent in respect of ARFs with asset values in excess of €2 million. The increase also applies where an individual owns more than one ARF, where the aggregate value exceeds €2 million.
* The 20 per cent tax on the transfer of ARF assets on...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team