I intend retiring later in 2015 on a salary of €100k after 25 years in a defined benefit scheme. I have significant AVC funds to ensure I get the max tax free lump sum of €150,000.
Question: in previous tax years, I earned in excess of €100,000 and wonder are there other Revenue rules which would allow me to use the higher salary in previous years to bump up my tax free lump sum? I've heard average of last 3 years?; highest in last 5 years? highest in last 10 years?
thanks
Question: in previous tax years, I earned in excess of €100,000 and wonder are there other Revenue rules which would allow me to use the higher salary in previous years to bump up my tax free lump sum? I've heard average of last 3 years?; highest in last 5 years? highest in last 10 years?
thanks