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TAX Relief on AVCs question

  • 16-01-2021 3:20pm
    #1
    jos_kel
    Registered Users, Registered Users 2 Posts: 450 ✭✭


    Hi,
    I'm filling out my AVC contributions online to get Tax relief.
    It's asking for my "Net Relevant Earnings".
    What is this?
    My first thought was that this was my
    Gross Pay - Tax free allowances
    However it automatically fills in Gross Pay with an amount that looks more like my Net Pay.

    Any ideas?

    Jos


Comments

  • #2
    jos_kel
    Registered Users, Registered Users 2 Posts: 450 ✭✭jos_kel


    jos_kel wrote: »
    Hi,
    I'm filling out my AVC contributions online to get Tax relief.
    It's asking for my "Net Relevant Earnings".
    What is this?
    My first thought was that this was my
    Gross Pay - Tax free allowances
    However it automatically fills in Gross Pay with an amount that looks more like my Net Pay.

    Any ideas?

    Jos

    This is really puzzling me.

    Any ideas?


  • #3
    Geuze
    Registered Users, Registered Users 2 Posts: 14,023 ✭✭✭✭Geuze


    jos_kel wrote: »
    Hi,
    I'm filling out my AVC contributions online to get Tax relief.
    It's asking for my "Net Relevant Earnings".
    What is this?
    My first thought was that this was my
    Gross Pay - Tax free allowances
    However it automatically fills in Gross Pay with an amount that looks more like my Net Pay.

    Any ideas?

    Jos


    Tax-free allowances were abolished years ago.


    Read this:

    https://www.citizensinformation.ie/en/money_and_tax/personal_finance/pensions/occupational_pensions.html


  • #4
    jos_kel
    Registered Users, Registered Users 2 Posts: 450 ✭✭jos_kel


    Geuze wrote: »
    Tax-free allowances were abolished years ago.


    Read this:

    https://www.citizensinformation.ie/en/money_and_tax/personal_finance/pensions/occupational_pensions.html

    Thanks so much for that link.
    It says clearly what "Net Relevevant Earnings" for PAYE workers can be taken as Gross Pay for tax purposes.
    Which makes me wonder why they introduce an extra entry in the form?

    Thanks


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