It’s that time of year once again, and as you’re no doubt aware, October 31st (November 16th if you file online) is the date you must finalise your tax assessment for the tax year and pay any preliminary tax liability for the current year.
Did you know?
This deadline applies not only to Self Employed people, but also to anyone who has a secondary source of income, for example if you have any rental income.
We all know you can claim tax relief on your pension contributions, but did you know you can offset the tax relief you receive against any potential income tax liability.
Significant reductions in your tax liability can be achieved through a write off on your pension contributions at your highest rate of tax.
You have a fantastic opportunity to reduce your personal income tax liability & in some cases even receive a refund from the Revenue Commissioners, while at the same time, increasing your retirement savings fund.
Why not contact us today to find out more and book an appointment to chat with our Pensions Specialists.
Alternatively, click on the link to request a call back or call us at 042 93 39337
Click here for examples of how we can help save you money… October 31 examples