Yes. If you’re making regular Personal Retirement Savings Account (PRSA) contributions, you can ask Revenue to update your Tax Credit Certificate so that tax relief is applied through your payroll. This reduces the PAYE deducted from your salary each month.
Can fixed monthly pension PRSA payments be used to reduce the amount of PAYE deducted from my salary?
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About the Author: Cathal Maxwell
Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.
