PRSA AVC Tax Credit

[noisymac]

Hello. I set up a PRSA AVC with an execution only broker last year in Spring. I uploaded the AVC tax cert to my revenue and got my tax credits and band adjustments immediately. Do I have to do this again for 2026 as they do not seem to have carried over? I didnt receive a new AVC tax cert with my end of year statement of account from my AVC provider. My ACV is indexed to increase annually so I assume I will receive a new tax cert in when increase occurs. Thanks for any advice you can provide.

 

[S class]

Yes you need to resubmit.
You probably need a new cert so it might me a good idea to ask for it to be sent.

Zurich PRSA - PRSA 2 AVC cert

 

[noisymac]

Thanks very much for the information. This answers my question perfectly.

 

[messyleo]

Yes found out last week you need to do it each year - thanks to S class for their advice at the time!

 

[thecoffeepod]

Yeah
All

AVC's
Flat rate expenses
Medical insurance BIK
Income protection (known as permanent health benefit on revenue)

Etc

Are removed by revenue annually now and need to be reapplied for each year

 

[Corola]

Are removed by revenue annually now and need to be reapplied for each year

Wasn't aware of that. Medical insurance in particular could catch people out when it's been automatically applied for so long.

 

[redstar]

Same here - Medical Ins BIK is missing and has to be re-claimed.

 

[thecoffeepod]

Also, medical insurance credit now cannot be reclaimed UNTIL the employer has reported medical insurance BIK on payslips/payroll reports