Tax tips for business owners

It makes sense for the purposes of tax and wealth building to maximise your pension contributions. 1. Claim relief on pension contributions

5th February, 2005

1. Claim relief on pension contributions

It makes sense for the purposes of tax and wealth building to maximise your pension contributions. After the age of 50, you can contribute up to 30 per cent of your earnings to a pension. The annual earnings limit for self-funded contributions is €254,000.

On retirement you have the following options and implications:

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