F Fisherman Registered User Messages 109 1 Oct 2014 #1 Is the FG/Lab pension levy applied to a pension sum in drawdown. Specifically, is the levy applied to an ARF .
Is the FG/Lab pension levy applied to a pension sum in drawdown. Specifically, is the levy applied to an ARF .
S Steven Barrett Registered User Messages 5,411 2 Oct 2014 #2 No, it doesn't apply to pensions post drawdown, so if you have an ARF, there is no levy. Steven www.bluewaterfp.ie
No, it doesn't apply to pensions post drawdown, so if you have an ARF, there is no levy. Steven www.bluewaterfp.ie
F Fisherman Registered User Messages 109 2 Oct 2014 #3 I hope I haven't compromised the situation by raising the issue ! Budget day coming up. Thanks for reply Steven
I hope I haven't compromised the situation by raising the issue ! Budget day coming up. Thanks for reply Steven
S Steven Barrett Registered User Messages 5,411 2 Oct 2014 #4 It's never applied to post retirement funds. They saw what happened with the medical cards, they don't want to anger the pensioners again. Instead, they've just taken over €2bn from the rest of us without a whisper. Steven www.bluewaterfp.ie
It's never applied to post retirement funds. They saw what happened with the medical cards, they don't want to anger the pensioners again. Instead, they've just taken over €2bn from the rest of us without a whisper. Steven www.bluewaterfp.ie
W wallym Registered User Messages 6 7 Oct 2014 #5 Pension levy - Any tax benefit? Hi, Just wondering if there are any tax implications to loosing a large sum of money out of my pension pot. Is the money the government take allowable as a loss against income or CGT? Just some creative thinking! Cheers, Wally...
Pension levy - Any tax benefit? Hi, Just wondering if there are any tax implications to loosing a large sum of money out of my pension pot. Is the money the government take allowable as a loss against income or CGT? Just some creative thinking! Cheers, Wally...
C Conan Registered User Messages 1,720 7 Oct 2014 #6 Mallym, Pension funds don't pay tax (Income or CGT) on growth within the fund. Therefore there is nothing to offset the Pension Levy against.
Mallym, Pension funds don't pay tax (Income or CGT) on growth within the fund. Therefore there is nothing to offset the Pension Levy against.