Pension advice and tax deadline

Calling all Employees and Self Employed Individuals - pension advice available

If you are an employee or are self employed, then you have a once off opportunity to maximise your tax savings and increase your pension contributions.

The Opportunity; You may be able to make a once off, lump sum payment into your pension before the tax deadline of October 31st (November 12th if you’re filing and paying your tax return online using the Revenue online service) and offset it against last year’s tax bill.This will allow you to increase your retirement/pension savings and save tax!

3 Easy Steps

  1. Contact your tax advisor or accountant and calculate the amount you can contribute to your pension based upon 2018 income and/or contact us for pension advice!

  2. Pay the amount you wish to save to your pension contract by October 31st, who will then issue you with proof of payment. The pension company must receive your payment by the October 31st, so please don’t delay!

  3. Contact your local Revenue office with proof of payment by October 31st, (November 12th if you’re filing and paying your tax return online using the Revenue online service) stating that this contribution has been paid against your 2018 earnings.

Want to know more? We are available to discuss your options, and we look forward to hearing from you.

Our job is to help you choose a product and structure that will help you meet your goals.

telephone | 091441188 and/or email | office@nelsonlife.ie

RETIREMENT & PENSIONS |  INVESTMENTS | FINANCIAL PLANNING | LIFE INSURANCE

Nelson Life Limited trading as Nelson Life is regulated by the Central Bank of Ireland.

WARNING: Past performance is not a reliable guide to future performance. WARNING: The value of your investment may go down as well as up. WARNING: You may lose some or all of the money you invest. WARNING: These funds may be affected by changes in currency exchange rates. WARNING: If you invest into this product you will have access until you retire (Pension Products). WARNING: The above content does not constitute investment advice, as it does not take into account the investment objectives, knowledge and experience of financial situation of any particular person. Prospective investors are advised to make their own assessment of the information contained herein and to obtain professional advice suitable to their own individual circumstances. WARNING: The information contained in this document is based on our understanding of current tax legislation and the current Revenue Commissioners interpretation thereof and is subject to change including retrospectively without notice. This is intended as a general guide only and is not a substitute for professional tax, legal and investment advice. 

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