I understand that depending on age the max I can contribute to a pension and get tax relief is limited to a percentage of my earnings. For example say I earn 70k I can contribute 20% of my salary to a pension and get tax relief on it.
I pay the max % on my earnings to avail of the tax relief but say 20k of my salary for the year is made up of illness benefit and maternity benefit is my earnings reduced to 50k for pension tax relief purposes.
Thanks
I pay the max % on my earnings to avail of the tax relief but say 20k of my salary for the year is made up of illness benefit and maternity benefit is my earnings reduced to 50k for pension tax relief purposes.
Thanks