I assumed OP had PAYE income to offset!I always thought pension tax relief was not available against rental income as its unearned - am I missing something here ?
The 2015 liability is eliminated.
The 2016 liability is only deferred until this time next year. So it's €10k to save €4,000 and defer the payment until next October.
I am in a similar situation to you. I think the question is around how much tax you pay when the pension is activated i.e. do you end up paying the tax on the AVC at a later stage rather than now?
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