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AVC question

  • 15-06-2013 11:54pm
    #1
    Registered Users, Registered Users 2 Posts: 3,299 ✭✭✭


    i am looking at a tax liability of roughly 1800 euro for 2012 on rental income, how much of a lump sum would i have to pay to my AVC to avoid paying any tax?
    my heart is saying 1800 euro but my head is saying 4390 euro(1800 divided by .41), could someone who knows a bit about AVC's confirm which figure is correct please?


Comments

  • Moderators, Business & Finance Moderators Posts: 17,856 Mod ✭✭✭✭Henry Ford III


    Rental income is non pensionable I thought.


  • Registered Users, Registered Users 2 Posts: 419 ✭✭Mort5000


    I think OP means to offset the tax.


  • Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    Your head is right.


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