How do I claim tax relief on my pension contribution?

[Fat Cat]

Since September 2005, I have been putting aside 5% of my biweekly salary into a pension fund.

My employer matches my contribution.

Could someone please guide me as to how I can claim tax relief on my contributions?

As a percentage, how much can I claim back? When?

I am 27 years of age.

Thank you in advance.

 

[Azriel]

Are you sure that it your pension contribution is not deducted from your gross salary via payroll (in which case the tax relief is automatic?)

 

[Fat Cat]

Azriel

Yes, my pension contribution of 5% is deducted from gross salary. However I do not see in either deductions or balances as to there being any relief.

Let me check with my employer and I will follow up with you, thanks.

 

[ClubMan]

You don't see the relief explicitly because the pension contributions should be deducted from gross income before tax and PRSI/health levy deductions are calculated. This is how tax and PRSI/health levy is granted at source on pension contributions made via payroll. Double check but you should be gettting the relevant relief already.

 

[Fat Cat]

ClubMan

Yes, my pension contributions are deducted from gross income before tax and PRSI/health levy deductions are calculated.

Double checking with employer that tax and PRSI/health levy is granted at source on pension contributions made via payroll.

Many thanks for your advice on this.

 

[ClubMan]

Yes, my pension contributions are deducted from gross income before tax and PRSI/health levy deductions are calculated.

If this is the case then...

Double checking with employer that tax and PRSI/health levy is granted at source on pension contributions made via payroll.

... this must also be the case.