I made the lump sum contribution on 14th November and I was led to believe that this was still in time to allow claiming relief against 2006 tax paid. Will have to double check with the broker!!
How do I go about claiming relief on the monthly contributions? Do I have to make a return? My husband is self-employed so will be making a return- can he claim the relief? Am I right in thinking that I'll have to wait until the end of the year before I get any relief on this
That should not be a problem. They should adjust your tax credits to allow for regular contributions from net income. You'll still have to claim PRSI relief manually at the year end.Would be nice to get the relief on a monthly basis through increased credits- would help with the cash flow.
Thanks for that!
I'll get onto the Revenue straight away! I suppose the chances are slim that I'll get any relief for 2006 given that the lump sum was paid after 31st October. Would be nice to get the relief on a monthly basis through increased credits- would help with the cash flow.
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