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What total to use for AVCs at source

  • 06-02-2024 12:42pm
    #1
    Slevster
    Registered Users, Registered Users 2 Posts: 594 ✭✭✭


    Hi,

    I have a question on AVCs

    (Have looked through guides on revenue.ie but haven't seen the answer to this one)


    Up to recently, I was paid a base monthly salary by my company, of which, I paid a percentage AVC in to my pension that was taken at source. All straight forward.

    But from this year, I will be paid a base salary and a fixed travel allowance monthly. All of which is taxed at normal rates.

    My question is this - should my company be taking AVC's at source calculated from :

    A: the base monthly salary

    B: base salary + fixed monthly allowance?


    Thanks



Comments

  • #2
    Tow
    Registered Users, Registered Users 2 Posts: 9,223 ✭✭✭Tow


    Pension is usually just Salary.

    When is the money (including lost growth) Michael Noonan took in the Pension Levy going to be paid back?



  • #3
    Slevster
    Registered Users, Registered Users 2 Posts: 594 ✭✭✭Slevster


    Thanks Tow.



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