Written Answers. - Parliamentary Debates - Houses of the Oireachtas

[Deputy Michael Noonan.]
Questions— 14 February 2012. Written Answers
The basic exemption from income tax as outlined above can be further increased by up to
€10,000 if the person is not a member of an occupational pension scheme. (This can only be
claimed if the person has not made any claims in respect of a lump sum retirement gratuity
received in the previous 10 tax years.)
Any amount of redundancy payment or retirement gratuity in excess of whichever exemption
applies is liable to income tax.
As mentioned, under the provisions of section 8 of the Finance Act 2011, the maximum
lifetime amount that may be paid tax free in respect of a retirement gratuity is, with effect
from 1 January 2011, €200,000.
EU Payments
142. Deputy Éamon Ó Cuív asked the Minister for Finance the total payments made by the
State to the EEC-EU broken down on a year-by-year basis since we joined the Union in 1973;
and if he will make a statement on the matter. [7624/12]
143. Deputy Éamon Ó Cuív asked the Minister for Finance the total payments received by
the State from the EEC-EU broken down year-by-year since Ireland joined the Union in 1973;
and if he will make a statement on the matter. [7625/12]
Minister for Finance (Deputy Michael Noonan): I propose to take Questions Nos. 142 and
143 together.
In relation to payments made by the State to the European Union and total payments
received by the State from the European Union since 1973, these details are at Table 10 of the
document “Budgetary and Economic Statistics” published by my Department in September
2011. The document can be obtained from the following website address:
http://www.finance.gov.ie/documents/guidelines/bessept2011.pdf
A copy of the Table 10 is set out for your convenience.
The Deputy should note that it has not been the practice to include research receipts paid
directly to private entities in this table as these are collated in a different manner; however the
Department of Jobs, Enterprise and Innovation have supplied the following figures, for awards
to Irish participants in projects funded under the European Framework Programmes for
Research and Development:
FP 1 (1984-1986)
€ Million
N/A
FP 2 (1987-1991) €44
FP 3 (1990-1994) €88
FP 4 (1995-1998) €191
FP 5 (1999-2002) €148
FP 6 (2003-2006) €188
FP 7 (2007-2013) €362 (to Nov 2011)
Table 10 — Receipts from and Payments to the EU Budget
Year Receipts from EU Payments To EU Net Receipts % of GDP
Budget Budget €m
€m €m
1973 47.1 5.7 41.4 1.1%
366