Make sure you avail of your Pension Tax Reliefs
Personal Pension Payments for Sole Traders are a relatively straight forward process. You can make a pension payment and claim tax relief at your marginal rate of income tax. You can also backdate this payment to the previous tax year.
Age | Max % Limit of Assessable Income for Income Tax Relief |
|---|---|
under 30 | 15% |
30-39 | 20% |
40-49 | 25% |
50-54 | 30% |
55-59 | 35% |
60 or over | 40% |
Note: Capped at €115,000 of Net Relevant Earnings (NRE)
Pension Payments for Personal Tax Relief can be made to a Personal Pension or PRSA Pension or AVC to your Company Pension.
Please feel free to contact us using the contact form or reach out to us:
Email: jfenelon@guardianwealth.ie
Dublin: 01 5267770 Wexford: 053 9110380
Serving Dublin, East Coast, Midlands & South East
Our Services
Wealth Management & Financial Planning
Tax and Inheritance Planning
Starting A Pension
Pension Calculator
Pension Access & Approved Retirement Funds (ARF)
Defined Benefit Pension Transfer Options
Pension Performance
UK to Ireland – Pension Transfer Options
Investment Advice
Life / Illness / Income Protection
Testimonial
‘Trying to map out a personal financial plan is not an easy task. As most business owners know we spend so much of our time making sure our business is successful, we don’t always have the time or the ability to understand what our personal finances will look like 20 or 30 years from now. Michael in Guardian Wealth was able to show me what I needed to do now to ensure I was going to be financially independent when I am older. We meet every year to review progress and I am more than happy to recommend him and Guardian Wealth’ .
Gavin Dixon
BITS South East Ltd, Kilkenny
