I recently did a lump sum top-up of my PRSA and want to claim tax relief on it in respect of 2021 to bring me up to last year's age related tax relief percentage limit.
However I am confused about what I need to enter in the myAccount form - in particular the items in bold italics:
However I am confused about what I need to enter in the myAccount form - in particular the items in bold italics:
- Type of PRSA you are claiming for? Should I choose PRSA 1 Certificate or PRSA 1 (Net-Pay) Certificate? I don't have the certificate yet.
- Employment gross income: this is pre-filled correctly.
- Net Relevant Earnings: I presume that this is the "total" gross for last year which is higher than the previous figure due to PRSA contributions already paid and on which tax relief was granted through payroll?
- Amount paid to PRSA in 2021 on which relief has not already been granted: €0 (all previous contributions - employer and mine - went through payroll)
- Amount carried forward from a prior year, from which relief has not been obtained: €0 (I don't have anything carried forward)
- Amount paid between 1/1/2022 and 31/10/2022 for which relief has not already been granted and for which relief is being claimed for 2021: the amount of my recent lump sum payment
- Amount contributed by your employer to PRSA: is this the total paid by the employer in 2021?