I retired over 3 years ago at the age of 62. I recently turned 66 so I am now in receipt of a Contributory pension also.
So my total income comes from the following 5 sources : Irish Occupational Pension, Irish Private pension, Irish Contributory pension, EU state pension and EU private pension. The majority (over 60%) of the “income” comes from the Irish Occupational and Contributory pensions.
When I consult the online Revenue site I see all the above income sources are referred to in some form or other but I’m not sure if all are being taken into account for tax purposes.
When I open the “Manage your Tax” section in the Revenue site I get the following.
Under “Your jobs and pensions” the Occupational Pension and the Irish private are listed with a fill breakdown of amounts( tax paid etc) in the “view” button.
Under “Current tax credits listed” it lists Age , Employee, Personal and PAYE Underpayment with a sum attributed to all.
Under “Your additional Income” it lists the State Pension Contributory and the two Foreign Pensions with a sum allocated to each ( The State Contrib. Pension is shown as approx. 50% of what I am actually receiving but as this is a new payment in the past 5 weeks or so ,maybe it will be adjusted.)
My question really concerns these additional incomes. Are they being taken into account for tax purposes or is this a separate declaration I have to make?
Many thanks, in advance, for any information.