Maximum tax relief for pensions in Ireland
The maximum pension contributions, in any one year, for which you are entitled to tax relief, is related to your age and is expressed as a percentage of your gross income. The maximum gross income figure for relief purposes is €115,000. The maximum tax relief you receive as a % of your earnings for pensions in Ireland is set out below.
Under 30: |
30 to 39: |
40 to 49: |
50 to 54: |
55 to 59: |
60 and over: |
|---|---|---|---|---|---|
| 15% | 20% | 25% | 30% | 35% | 40% |
*For employers, "earnings" means gross pay for tax purposes, while for the self-employed, "earnings" means net relevant earnings, i.e., earnings less allowable expenses.
Detailed information regarding tax relief on contributions and pensions in general can be found on citizensinformation.ie
