Tax Relief and Your Pension

Online Deadline Extension Applies

For those of us who pay tax, the 31st October is an important date in all of our calendars*. There is good news for those who pay and file via ROS, as this deadline is extended each year by approximately two weeks. 

Saving Additional Voluntary Contributions (AVCs) to your pension will entitle you to claim valuable tax relief. 

Get in touch

If you have any queries on AVCs please contact the CERS team via email avc@cers.ie or download an AVC form from our forms section

How do AVCs work? An AVC Example

If you pay a lump sum AVC by 31st October in a given tax year you may benefit from tax relief in respect of any unused tax relief, providing you claim this relief from the Revenue by the 31st October in the current year* (or the later deadline if you pay and file via ROS).

Additional Voluntary Contribution (paid 25 October of current year) €2,000
Reduction in tax bill (40% tax payer):  €800
Actual cost to you of additional €2,000 into your pension:  €1,200

The current rates of income tax are:

Standard Rate 20%
Higher Rate 40%

You can save AVCs on a monthly basis as well, via your employers payroll. Please visit our forms section to download the AVC form

Get in touch

If you have any queries on AVCs please contact the CERS Admin Team on avc@cers.ie or download an AVC form from our forms section

*All cheques must be received by the deadline. 

Frequently Asked Questions

For a list of our most commonly asked questions, visit our FAQs

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