Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m ...

3 days ago · A group representing judges has hit out at what they call “profoundly unfair” and “unjustifiably high” taxes targeting their pension pots. Their move comes as the Government …

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Judges’ Group Criticises ‘profoundly Unfair’ Tax Targeting Their €2m ...

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3 days ago · A group representing judges has hit out at what they call “profoundly unfair” and “unjustifiably high” taxes targeting their pension pots. Their move comes as the Government …

independent.ie

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Judges Attack ‘profoundly Unfair’ Tax On €2m-plus Pension Funds

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3 days ago · Their move comes as the Government reviews tax relief on pension funds of over €2m. The Association of Judges of Ireland (A JI) called the chargeable excess tax “particularly …

pressreader.com

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Judges Get 10 Years To Pay Pension Tax | Irish Independent

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Feb 9, 2012 · Yesterday's finance bill also took pension experts by surprise by revealing that a new 6pc tax on approved retirement funds of more than €2m would apply to the entire value of …

independent.ie

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Thousands Of Executives Risk Breaching €2m Tax Threshold On …

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Aug 26, 2024 · PwC and Independent Trustee Company say punitive tax on current €2m standard fund threshold is unfair PwC is advising clients to hold off any radical decisions on their …

irishtimes.com

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Why Paying Too Much Into Your Pension Could Expose You To A …

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Jul 9, 2019 · So, for example, someone with a €2 million pension pot would get a €500,000 lump-sum at retirement; €200,000 of which is tax-free, and €300,000 of which gives rise to a …

irishtimes.com

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‘The Ultimate Tax Dodge’: Judges Escape Tax On £1m-plus Pensions

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Apr 29, 2022 · Savers caught by the 55pc tax on pension pots that exceed £1.1m have expressed outrage over a blanket exemption from the lifetime allowance enjoyed by judges.

telegraph.co.uk

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Anglo-Irish Lords Of The Manor Cling On To Their Big Estates

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Sep 24, 2016 · Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m-plus pension funds DPP given file on Gsoc member who was at party for Gerry ‘The Monk’ Hutch

independent.ie

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Exclude Judges’ Pensions From $3m Super Cap Says Retired Judge

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Judges pensions need to be specifically excluded from the legislation underpinning the $3 million super cap, says retired judge. ... on which judges currently pay ordinary tax, including tax at …

financialnewswire.com.au

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‘We Are Appalled By This Act’ – Rugby Club Expels Jonathan Moran …

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Jun 22, 2024 · Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m-plus pension funds DPP given file on Gsoc member who was at party for Gerry ‘The Monk’ Hutch

independent.ie

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Fionnán Sheahan: Helen McEntee Hasn’t Blown Any Whistles On …

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3 days ago · Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m-plus pension funds No action taken after criticisms of Robbie Keane by two Sinn Féin TDs referred to Dáil committee

independent.ie

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The Family Tragedy Behind High Society Conman's Fall From Grace

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Aug 3, 2014 · Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m-plus pension funds DPP given file on Gsoc member who was at party for Gerry ‘The Monk’ Hutch

independent.ie

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‘There Will Be More Deaths If Patrols Aren’t Stepped Up’ – The …

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Feb 6, 2023 · Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m-plus pension funds DPP given file on Gsoc member who was at party for Gerry ‘The Monk’ Hutch

independent.ie

FAQs about Judges’ group criticises ‘profoundly unfair’ tax targeting their €2m ... Coupon?

Could a tax increase affect judicial pensions?

Hannah Wootton is a reporter for the Financial Review. Connect with Hannah on Twitter. Email Hannah at [email protected] Extending the tax increase to judicial pensions could endanger the courts’ independence and drain talent from the bench, judges warned Treasury. ...

What if my pension is looted or mismanaged?

If there are contributions that go over the amount that can be deducted, the IRS imposes a 10% excise tax. There are plenty of other technical rules too. Against this complex backdrop, if your pension is looted or mismanaged and you receive a settlement, can you put it back and sidestep the tax? There is not much tax authority, and it is complex. ...

Will federal judges be taxed as a super fund?

But Treasury is holding firm on plans to tax the pension for “superior” federal judges – those above the Circuit Court – by treating it like a super fund. ...

Should high earners avoid a €2 million pension cap?

High earners with pension pots that are close to breaching a €2 million threshold that trigger a punitive tax regime should not rush to avoid hitting that cap just yet, top accountancy firm and consultants PwC have advised. The cap on pension savings subject to tax relief was introduced in 2005, originally at €5 million. ...

What happens if a pension exceeds €2000 a year?

As Connolly points out, this means that, at retirement, if your fund stands at €2,001,000, your pension administrator will immediately transfer 40 per cent of this excess, or €400, to the Revenue. This leaves €600 of the excess, which will then go into your approved retirement fund (ARF). ...

Should judges be paid a pension if they retire?

The central complaint is that the pension – which can be worth $7 million over 20 years – is not being treated like a retirement income. Current judges will only be spared the tax until retirement because the Constitution does not allow the government to change the remuneration of judges while they are on the bench. ...