Kildare 045 888007 | Galway 091 759555

Did you know?

If you’re looking to reduce your tax bills, a Pension Contribution could make a big difference!

You may be able to claim Relief on your 2021 Income Tax by making a once-off payment into your pension. The closing date for claiming Tax Relief is the 31st of October.


– Tax saving opportunities for Employees


– Tax saving opportunities for the Self-employed


– Tax saving opportunities for Proprietary Directors


– Tax saving opportunities for Public Servants


Age-related earnings percentage limits

According to Irish Revenue, you can receive Tax Relief up to the relevant age-related percentage limit of your earnings in any year up to €115,000 (net relevant earning).

Age-related percentage limit for tax relief on pension contributions
AgePercentage limit
Under 3015 %
30-3920 %
40-4925 %
50-5430 %
55-5935 %
60 or over40 %

For example, an employee who is aged 42 and earns €40,000 can get Tax Relief on annual Pension Contributions up to €10,000.

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Get in contact to find out how you can reduce your tax bill and save for your future!

Whether you already have a pension or you’re looking to start your pension now, Murray & Spelman Financial Services Ltd can help you today.

Please contact our team for further details.

Murray & Spelman (Financial Services) Ltd help you plan for your future, while you live for today!

Contact Murray & Spelman

If you would like to learn more or ask specific questions, please contact us below.  Contact Murray & Spelman Financial Services Ltd over the phone or by email, to find out more and receive a complimentary consultation.

Phone: Kildare 045 888 007 Galway 091 759 555


Murray & Spelman Financial Services Ltd is Regulated by the Central Bank of Ireland. All details and views contained within this article are for informational purposes only and does not constitute advice. Murray & Spelman makes no representations as to the accuracy, completeness or suitability of any information and will not be liable for any errors, omissions or any losses arising from its use.