Pension contributions expected to fall by 15%

PENSION contributions are set to plunge by 15% this year.

Pension contributions expected to fall by 15%
Fri, 11 Nov, 2011 - 00:00
Niamh Hennessy

Falling incomes and a reduction in reliefs available are the main reasons behind the drop in contributions, according to tax experts, taxback.com.

This year PRSI relief for pension contributions was removed and in recent years there were reductions in the earnings cap.

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