Lowry Releases Taxable Pensions List

Independent North Tipperary TD Michael Lowry has received a full list of State pensions that are now subject to tax assessment from the Minister for Finance, Michael Noonan.

Independent North Tipperary TD Michael Lowry has received a full list of State pensions that are now subject to tax assessment from the Minister for Finance, Michael Noonan.

Deputy Lowry tabled a written Parliamentary Question to the Minister on the matter. He had asked if the Minister would confirm the social protection payments that are considered as earnings for tax purposes and on which an individual may be liable for tax if receiving income from any other source; and if it is the intention of the Revenue Commissioners to pursue these social welfare recipients for tax on these payments- Michael Lowry.

He also asked if Minister Noonan expected Revenue to look for back tax from those who underpaid tax.

See this week’s Tipperary Star for the full list of taxable pensions