N nest egg Registered User Messages 596 5 Mar 2024 #1 Does anyone know if this information is still accurate? Say you were moving to a new employer, & negotiated a larger pension contribution. If the company has an occupational pension scheme no issue, but if they have a PRSA, it's treated as BIK? https://www.grantthornton.ie/conten...3c261bee/grant-thornton---benefit-in-kind.pdf
Does anyone know if this information is still accurate? Say you were moving to a new employer, & negotiated a larger pension contribution. If the company has an occupational pension scheme no issue, but if they have a PRSA, it's treated as BIK? https://www.grantthornton.ie/conten...3c261bee/grant-thornton---benefit-in-kind.pdf
K kevhenry Registered User Messages 135 5 Mar 2024 #2 It's not treated as BIK in a PRSA so that's just an outdated graphic. Kevin www.thepensionstore.ie
F Freelance Registered User Messages 628 6 Mar 2024 #3 @nest egg That changed with effect from 1st January 2023. Employer contributions are no longer treated as BIK. Revenue confirmation here:
@nest egg That changed with effect from 1st January 2023. Employer contributions are no longer treated as BIK. Revenue confirmation here:
N nest egg Registered User Messages 596 6 Mar 2024 #4 Freelance said: @nest egg That changed with effect from 1st January 2023. Employer contributions are no longer treated as BIK. Revenue confirmation here: Click to expand... Is there any limitation on who set up the PRSA, e.g. it has to be an employer sponsored PRSA, rather than one setup by the employee themselves?
Freelance said: @nest egg That changed with effect from 1st January 2023. Employer contributions are no longer treated as BIK. Revenue confirmation here: Click to expand... Is there any limitation on who set up the PRSA, e.g. it has to be an employer sponsored PRSA, rather than one setup by the employee themselves?
G Gordon Gekko Registered User Messages 7,426 6 Mar 2024 #5 nest egg said: Is there any limitation on who set up the PRSA, e.g. it has to be an employer sponsored PRSA, rather than one setup by the employee themselves? Click to expand... No, it doesn’t matter.
nest egg said: Is there any limitation on who set up the PRSA, e.g. it has to be an employer sponsored PRSA, rather than one setup by the employee themselves? Click to expand... No, it doesn’t matter.