Personal Pensions Tax Relief Guide
Make sure you avail of your Pension Tax Reliefs
Personal Pension Payments for Sole Traders are a relatively straight forward process. You can make a pension payment and claim tax relief at your marginal rate of income tax. You can also backdate this payment to the previous tax year.
| Age | Max % Limit of Assessable Income for Income Tax Relief |
|---|---|
|
Note: Capped at €115,000 of Net Relevant Earnings (NRE) |
|
| under 30 | 15% |
| 30-39 | 20% |
| 40-49 | 25% |
| 50-54 | 30% |
| 55-59 | 35% |
| 60 or over | 40% |
Pension Payments for Personal Tax Relief can be made to a Personal Pension or PRSA Pension or AVC to your Company Pension.
Please feel free to contact us using the contact form or reach out to us:
Email: jfenelon@guardianwealth.ie
Dublin: 01 5267770 Wexford: 053 9110380
Serving Dublin, East Coast, Midlands & South East
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