Thursday October 29, 2020

New year tax shock in store for wealthy pension savers

Thousands of wealthy pension investors could be stung with a tax shock in early 2013 following a probe by the Revenue Commissioners.

23rd December, 2012
Josephine Feehily of the the Revenue Commissioners.

Thousands of wealthy pension investors could be stung with a tax shock in early 2013 following a probe by the Revenue Commissioners.

The investigation follows on from January 2012, when thousands of pensioners received letters from the Revenue Commissioners about their pension. Some of these letters explained that the recipient might owe more tax on their pension income, while others were informed that they were paying too much tax.

The letters were sent after the Revenue Commissioners...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago