Pension Contributions Tax Relief

[Justaverage]

Hi all,
Just wondering does anybody know when exactly does the age related percentage allowed pension contribution limit start. So if I turn 50 this year 2024 does the allowed 30% apply from DOB or the full year in which I turn 50 ?

 

[S class]

The full year of your 50th birthday.

 

[Justaverage]

Many thanks S class.

So I could increase my AVC’s in these final months of calendar year 2024 to equate to 30% of my total 2024 Salary ?

 

[S class]

Yes.

 

[Justaverage]

Thanks again

 

[Corola]

Age means your age on 31st December of that tax year.