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Making a pension contribution for FY 2020

  • 06-08-2021 11:11am
    #1
    Jeremy Sproket
    Registered Users Posts: 431 ✭✭


    Hi.

    I filled out my P20 balancing statement on ROS.ie earlier in the year and the balancing statement said I owed them €0.20.

    Much to my surpise this week, I got a letter in the post with a cheque from taxback.ie with a cheque for for €150. :)

    I currently contribute 20% to my pension and me employer contributes 10%.

    I receive a 20% shift bonus on top of my base salary, this isn't going into my pension code and my employer doesn't consider the shift bonus as part of their 10% employer contribution.

    I have been missing out on contributing 20% of my 20% shift allowance if that makes sense, ie I could've been contributing a further 4%.

    I have 2 questions:


    (Q1) Is there any too or resource anywhere I can find out if I have used my full pension allowance entitlement and if not, how much more I could contribute with tax relief?

    (Q2) How do I go about making a retrospective contribution for last year? Post a cheque to revenue? How will I receive this retrospective allowance? Refund in the following pay slip or wait till next year?


    Thanks



Comments

  • #2
    coylemj
    Registered Users, Registered Users 2 Posts: 25,479 ✭✭✭✭coylemj


    If you filled out the balancing statement on ros.ie yourself, what service did that taxback crowd deliver?

    I'm puzzled as to why you were surprised when they sent you a cheque. Surely you had engaged with them earlier and they told you that there was a refund on the way?



  • #3
    Jeremy Sproket
    Registered Users Posts: 431 ✭✭Jeremy Sproket


    https://www.boards.ie/discussion/comment/117715680#Comment_117715680

    Because I filled it out wrong ???????? I had some medical receipts and other expenses that I didn't know how to upload.


    I'm not surprised at the amount that they sent me I was surprised that they sent me a refund at all. I was expecting nothing and I forgot that I had engaged in their services.


    Jesus. Now go away.



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