Pensions: Pensions levy to exceed €2bn this year

As the budget looms, calls are growing for Michael Noonan to abolish the pension levy.

5th October, 2014
James Kavanagh, managing director of Trustee Decisions.

The private pension levy has been in place for four years and, while there has been much consternation about water rates and other taxes, the fact remains that the government has raised more from this levy than it will do from many of its other so-called austerity measures.

James Kavanagh, managing director of Trustee Decisions, said, “Funded occupational and private pension funds in Ireland will see up to €700 million deducted from their value this...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago