Tax Credits and Pensions ?

D

Daddy

Registered User
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I contibute Euro 1,000 per month to a personal pension and it is deducted from my salary before tax is applied. I am a 41% tax payer on PAYE.

Am I correct in saying that this 1,000 does not appear in any way on my tax credits certificate as it is deducted prior to tax being applied ?

Thanks
 
You should be getting full tax and PRSI/health levy relief via payroll. You should not see anything about this on your statement of tax credits since the pension deductions should be made from gross before PAYE and PRSI/health levy deudctions are calculated. Your taxable gross on your P60 should also exclude your pension contributions. Check your payslips and P60 to make sure that this is all correct.
 
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