Do you mean via the [broken link removed]? If so then you send in a cheque for, say, €7,500 and then Revenue will top it up by €2,500 plus some portion of your SSIA exit tax. Or in your case €6K + a topup of €2K + some portion of your SSIA exit tax.2."Once off contribution can only be paid by cheque or Bank draft"
I intend to put the remainder of my SSIA savings 6K into the PRSA - do i send the cheque in with the application form?
If you are availing of the SSIA PITC then you cannot claim additional tax relief on the money involved otherwise you would be getting tax credits/relief on the double!3. I intend to write this 6K off against last year (2006) taxes do i need to tell them that along with the application?
Maybe a moot point based on my previous comment?4. Alternatively am i better to start up the PRSA - without sending them the once off contribution, and once it is set uo - send them in the 6K with a letter and ask them to supply me with a PRSA form for 2006?
Again maybe moot but in general once the contribution has been made before October 31st that is the main thing.5.Finally if i apply fo r the PRSA this week - how long does it take to set up and for me to get the relevant forms(PSRA1?) back from Eaglestar?
ie. Will i make the october 30th deadline in order to claim it against 2006's tax
Sorry - I thought that it was still available to some SSIA savers but I see that the last SSIAs matured in April 2007 to it's expired as you say. So disregard my comments about the SSIA PITC scheme and ineligibility for tax relief agaisnt this or last year's earnings.The SSIA PITC scheme expired earlier this year
It's not available anyway and I was mistaken to even mention it as explained above.I am not looking to claim on teh PITC scheme
Advice is one thing - help with filling out the form is another in my opinion!With regard to the suggestion to call Labrokers - their site says they are not in a position to offer advice on the Low Cost PRSAs....
Speaking of which - heading towards the end of October tends to be a busy time for such discount brokers so if you have questions don't leave it to the last minute when they could be swamped.Must be that time of year....
Advice is one thing - help with filling out the form is another in my opinion!
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