I made a payment to my PRSA scheme before 31/10/07 & asked Revenue to allow it for 2006 tax year when doing balancing statement. They have accepted that I made the payment in time, but wont allow it for 2006 because I didnt ask for 2006 balancing statement until 06/11/07.
They will allow this payment for 2007 tax year, but it suits me to get it into 2006 tax year - I get more relief at 41% in 2006 & I also want to make a further PRSA payment for 2007 tax year.
Is there anything I can do about this - I know I can appeal it, but am I only wasting my time. Revenue are probably right in law, but have they power to make an exception. They accepted late notification of PRSA payment for 2004 tax year, which I didnt claim until 2006. If I point this out, can they take back the tax relief for 2004.
Any comments appreciated.
They will allow this payment for 2007 tax year, but it suits me to get it into 2006 tax year - I get more relief at 41% in 2006 & I also want to make a further PRSA payment for 2007 tax year.
Is there anything I can do about this - I know I can appeal it, but am I only wasting my time. Revenue are probably right in law, but have they power to make an exception. They accepted late notification of PRSA payment for 2004 tax year, which I didnt claim until 2006. If I point this out, can they take back the tax relief for 2004.
Any comments appreciated.