I am employed in the public sector and am a member of a funded occupational pension scheme (completely separate from the Single PS Scheme).
I would like to make PRSA contributions and receive income tax relief at source, rather than claiming a refund at the end of the tax year. With inflation at 9% and a mortgage to service, I would like to get the tax relief into my hands as soon as possible. I am not interested in the AVC scheme offered by my employer as it is too expensive and fund costs are quite opaque.
My understanding is that it is policy within the civil service not to facilitate income tax relief at source for PRSA contributions, in spite of this being available for tied AVC schemes.
I want to do my homework before approaching my HR section. So, are you aware of any precedent in the wider public sector of a state agency or semi-state body facilitating PRSA income tax relief at source?
I would like to make PRSA contributions and receive income tax relief at source, rather than claiming a refund at the end of the tax year. With inflation at 9% and a mortgage to service, I would like to get the tax relief into my hands as soon as possible. I am not interested in the AVC scheme offered by my employer as it is too expensive and fund costs are quite opaque.
My understanding is that it is policy within the civil service not to facilitate income tax relief at source for PRSA contributions, in spite of this being available for tied AVC schemes.
I want to do my homework before approaching my HR section. So, are you aware of any precedent in the wider public sector of a state agency or semi-state body facilitating PRSA income tax relief at source?