Happy Girl
Registered User
- Messages
- 793
Am being thrown from billy to jack by Revenue and wondering if anybody can shed any light on the following. Currently I am contributing to a PRSA which is paid by way of Direct Debit from my current account. I gave my wages dept a copy of my contract with my PRSA provider outlining all details about my contributions and they wages dept in turn give me the tax relief applicable. I am being told that it is an "either/or" situation i.e. either my monthly contribution is deducted from my wages and then relief can be given by way of net-pay arrangement OR my monthly contribution is paid by way of DD from my own current account and I sort out extra tax credits myself and claim back PRSI relief at end of year myself. What I am currently doing is a combination of both. Can anyone throw any light on it for me?