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AVC question

ooter · 2013-06-15 23:54:55

i am looking at a tax liability of roughly 1800 euro for 2012 on rental income, how much of a lump sum would i have to pay to my AVC to avoid paying any tax? my heart is saying 1800 euro but my head is saying 4390 euro(1800 divided by .41), could someone who knows a bit about AVC's confirm which figure is correct please?

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16-06-2013 12:54am

#1

ooter

Registered Users Posts: 3,193 ✭✭✭

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i am looking at a tax liability of roughly 1800 euro for 2012 on rental income, how much of a lump sum would i have to pay to my AVC to avoid paying any tax?
my heart is saying 1800 euro but my head is saying 4390 euro(1800 divided by .41), could someone who knows a bit about AVC's confirm which figure is correct please?

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#2 17-06-2013 4:20pm
Henry Ford III

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Rental income is non pensionable I thought.

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#3 18-06-2013 12:12pm
Mort5000

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I think OP means to offset the tax.

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#4 18-06-2013 12:20pm
homer911

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Posts: 4731

Your head is right.

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