AVCs, Tax years and Bonus

[Ndiddy]

A. If you were getting 3k in a bonus this April and choosing to put it all towards a one -off AVC, is the tax relief for 2018 or 2019?

B. If you only had scope for 1k more in AVC for 2018 and 1k for 2019 under age-related tax relief, would putting the total of the bonus account for scope in tax relief for both 2018 and 2019 tax years?

C. Does payroll do this automatically or do you need to apply for each tax year with the Revenue?

D. What would happen to the "extra" 1k of bonus AVC invested? Does the tax relief for that tack onto the next available year (2020) automatically?

 

[MugsGame]

If you pay your AVC via payroll, tax relief will automatically be applied in this tax year.

If you want to claim tax relief for AVCs off payroll or apply AVCs for tax relief in the previous tax year, or carry forward AVCs to next tax year, you need to make a return to Revenue (most likely Form 12 in your case).

Back-dated AVCs for last year must be paid and claimed from Revenue by 31st October in current year (might be a bit of wriggle room for online filing, but I wouldn't risk it).