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Pension Contribution

  • 24-10-2017 9:32pm
    #1
    newholland
    Registered Users, Registered Users 2 Posts: 174 ✭✭


    I wish to purchase a property via my pension. If the pension does not have enough for this purchase can I top up the pension to make up difference. The amount of top up is more than allowable % for getting relief. If I top up to more than this value can I get relief refunded in later years ie 2019 and 2020? Thanks


Comments

  • #2
    ANXIOUS
    Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭ANXIOUS


    What type of pension structure have you got?


  • #3
    newholland
    Registered Users, Registered Users 2 Posts: 174 ✭✭newholland


    ANXIOUS wrote: »
    What type of pension structure have you got?

    Prsa at present going to transfer to self admin to make property purchase. Need to make up shortfall.


  • #4
    ANXIOUS
    Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭ANXIOUS


    newholland wrote: »
    Prsa at present going to transfer to self admin to make property purchase. Need to make up shortfall.

    Are you self employed / a director?


  • #5
    newholland
    Registered Users, Registered Users 2 Posts: 174 ✭✭newholland


    ANXIOUS wrote: »
    Are you self employed / a director?

    No


  • #6
    ANXIOUS
    Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭ANXIOUS


    newholland wrote: »
    No

    Has your employer agreed to be the sponsoring employer of your new SSAP?

    The reason for the previous questions was that the easiest thing wouldve been to make a large employer contribution, in short its not possible to claim tax relief in other years just the one the contribution is made.


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