off-setting last years tax

[sfag]

If I open up a brand new prsa now and make a one off payment can I offset some of my 2007 tax bill?

 

[WaterSprite]

If you do it by Friday, yes.

Sprite

 

[dubinamerica]

I think you have til nov 17th if you submit your taxes on-line using the on-line revenue service.

 

[WaterSprite]

Yep - sorry, should have clarified. Paper returners have until Oct 31st, ROS returners have until Nov 17th

Sprite

 

[Clairesposts]

It all depends if you are self employed and self assessed or not. If you are self employed and have not registered with ROS you have little chance of doing so now unless you designate an agent who is already registered with ROS to file the Tax Return for you - which obviously cost money. If you are PAYE you cannot use the online system at the moment to claim back AVCs to your PRSA so will have to file Form 12 (paper version) by Friday (31st Oct 2008).

 

[sfag]

thanks. I'm self employed and registered with ROS so all is good.