My employer owes me a lump sum contribution to my Irish pension. I have to match that amount for it to be paid. Totals around €38k between employees and employer contribution. The issue arises because I was on a secondment for my firm to the UK for a few years and not tax resident in Ireland for that period of time.
However I am on a good salary and my regular pension contributions mean I will generally max out the tax relief available each year for pension contributions. It's not ideal but wondering is it's still possible to make an AVC for the lump sum amount and just forego tax relief on the contribution. My thinking here is that it it's better to have a larger sum compounding in my pension fund than trying to split this out over a number of years.
However I am on a good salary and my regular pension contributions mean I will generally max out the tax relief available each year for pension contributions. It's not ideal but wondering is it's still possible to make an AVC for the lump sum amount and just forego tax relief on the contribution. My thinking here is that it it's better to have a larger sum compounding in my pension fund than trying to split this out over a number of years.