If I retired before the end of the tax year having earned 50k from salary and made a contribution to my avc PRSA prior to my retirement date and subsequently take a drawdown from my PRSA in the same tax year making it a Vested PRSA what figure could I claim tax relief on in that year.
Is it 35 percent of my 50k salary or 35 percent of my 50k salary plus 35 percent of the drawdown taken in the same year?
Just looking at options for final year.
Hope my question makes sense, happy to try and clarify if not.
Is it 35 percent of my 50k salary or 35 percent of my 50k salary plus 35 percent of the drawdown taken in the same year?
Just looking at options for final year.
Hope my question makes sense, happy to try and clarify if not.