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Pension tax relief limits

Yeatses Rave · 2022-10-09 21:48:36

Hi I fall in the 20 per cent (30-40) bracket for tax relief on pension contributions. My employer contributes 10 per cent & the standard employee contribution is 4 per cent as part of the scheme. I'd like to clarify whether that leaves me with an additional 6 or 16 per cent that I can put towards AVCs i.e. Are employee…

09-10-2022 09:48PM

#1

Yeatses Rave

Registered Users, Registered Users 2 Posts: 4 ✭

Join Date: August 2021

Posts: 2

Hi I fall in the 20 per cent (30-40) bracket for tax relief on pension contributions. My employer contributes 10 per cent & the standard employee contribution is 4 per cent as part of the scheme. I'd like to clarify whether that leaves me with an additional 6 or 16 per cent that I can put towards AVCs i.e. Are employee contributions factored in the percentage limits or treated separately? Thanks

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Comments

#2 10-10-2022 09:23AM

Henry Ford III

Moderators, Business & Finance Moderators Posts: 17,897 Mod ✭✭✭✭

Join Date: January 2006

Posts: 17557

16% I believe. Employers contributions are ignored for this calculation.

p.s. You could double check with your scheme admin.

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