Tax Credits for Lump Sum Pension Payments

M

Mark_jmc

Registered User
Messages
86
Hi All,
I have just made lump sum payments in to my pension AVC fund with respect to 2014 (€9600) & 2015 (€5400).
I have sent the receipts to revenue. How will I 'receive' the tax benefit of these?
Will I get a refund of cash for the 2014 payment and my tax credits adjusted for the 2015 payment or will it be done in a different way?
thanks in advance for your thoughts on this
Mark
 
Sounds about right... a repayment for your 2014 tax position and an increase in your credits for 2015. They should advise your employer of this and you should see it in your payslip/paycheque. Just to confirm, you're not going over the age-related limits for either year?
 
Mark_imc
Can I ask when you sent receipt for AVC payment to revenue what did you actually send? Is there a particular form to fill in and is there a specific section of Revenue you send it to?
 
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