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4.4.4 Tax Reliefs and Other Tax Breaks
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Contributions made by individuals within the above limits are eligible
for income tax relief and are paid net of basic rate tax.
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Employees and the self employed must claim any relief against higher
rate tax from the Inland Revenue via their annual tax return; where
the tax rate of the individual is less than the basic rate, however,
basic rate relief is still applied.
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Employer contributions are allowable as a deductible expense.
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Tax relief is available in respect of the tax year in which contributions
are made
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