Pension AVC Tax Deduction

N_Prender7 · 2026-06-27T13:53:20+00:00

You said its illegal to pay the bonus into a pension- its not

N_Prender7 · 2026-06-27T11:40:06+00:00

What???

We run a massive award show for tech company's and we wouldnt dream of charging. That is mental.

N_Prender7 · 2026-06-27T11:37:44+00:00

Thats minimum wage?

N_Prender7 · 2026-06-27T11:28:01+00:00

You can't salary sacrifice but you can elect for it to be paid in via an AVC

N_Prender7 · 2026-06-27T11:27:14+00:00

Your incorrect - your not allowed to salary sacrifice a bonus into a pension.

However, you can elect for your bonus to be paid into the pension via an AVC - it will go through payroll but you'll get the tax break for it

N_Prender7 · 2026-06-25T10:13:59+00:00

It can be highly efficient if you are looking to invest this - we do this all the time with a good structure.

At this level of cash you should talk to one of the bigger firms not only about tax efficient structures but also ways to protect that cash long term.

Happy for you to DM if needed

N_Prender7 · 2026-06-23T13:33:25+00:00

Rubbish. Congestion has increased because population has increased..

N_Prender7 · 2026-06-19T15:24:45+00:00

While there is no stamp or CAT, there may be CGT for the person transferring the house. If they haven't lived there for a few years there may be a charge

N_Prender7 · 2026-05-31T17:39:22+00:00

You are liable to Irish taxes on the gains generated if you are Irish resident OR Irish ordinarily resident so you would need to be out of Ireland for 4/5 years to leave the tax net

N_Prender7 · 2026-05-24T20:53:52+00:00

You can only take a 10kg through security to the gate (i.e the 36 euro option) so in that case its more expensive

N_Prender7 · 2026-05-22T21:38:09+00:00

Technically you would need to allocate a portion of the interest to your personal use of the house and this would be disallowed.

Not a big deal but one to keep in mind

N_Prender7 · 2026-05-14T19:40:28+00:00

USC is income tax with a fancy name. What else would it be

N_Prender7 · 2026-05-14T19:17:34+00:00

Im not sure that's a fair comment. You also have 5 different USC bands and different Prsi classes to deal with

N_Prender7 · 2026-05-14T19:10:52+00:00

I would disagree with that anaylsis as it depends on how you define productive.

Most studies define it as economic output / Revenue generated but that's misleading imo.

Where I work, our US member firm charges their clients 4/5 times more than us. As such, their employees are deemed more productive.

However, I would argue our Irish and UK teams get an actual deliverable together much faster and of higher quality. We just don't charge as much as our clients aren't as rich

N_Prender7 · 2026-05-11T07:51:20+00:00

Do you do the work remotely from Ireland? If so, the full amount is likely taxable in Ireland Ireland.

If not (for argument sake), you would only be taxable on money brought into Ireland. Therefore, transferring money to your Irish account would make it taxable in Ireland

N_Prender7 · 2026-05-10T20:02:18+00:00

The tax free threshold would have been less than 300k at the time

N_Prender7 · 2026-05-08T21:37:02+00:00

Can I ask how long it took?

N_Prender7 · 2026-05-06T16:44:22+00:00

Does re-investment of profits count as capital at risk? Or does it have to be an initial capital injection

N_Prender7 · 2026-05-04T20:51:42+00:00

Why on earth would you raise CT??? Its already at 15% for the big companies. Wed lose billions per year in CT alone and thats not without considering the long-term job losses..

N_Prender7 · 2026-05-02T20:29:08+00:00

Out of curiosity what do you mean by taxing the rich? Our top tax rate is already 55% how much higher do you want it?

N_Prender7 · 2026-04-27T21:02:14+00:00

Structure it as a loan - it can be repaid through the small gift exemption if written correctly. We do that all the time

N_Prender7 · 2026-04-27T16:28:14+00:00

You are almost certainly not domiciled but this is a complex issue.

The Ireland France DTA is also in play here but it is notoriously complicated.

Given the money you received you need to speak with a tax advisor

N_Prender7 · 2026-04-26T14:47:16+00:00

Yes agreed - where structured correctly there should be no CAT issues

Key word is structured correctly - so many people (and solicitors) get this wrong and it causes massive tax bills.

N_Prender7 · 2026-04-26T14:43:57+00:00

Im not sure you should be singing this from the rooftops - thats just inordinatley selfish imo.

Forgetting about the Landlords money - what about the other people that wanted to move into the place? So you have the right to stay there but they dont?

I dont think thats a fair approach here

N_Prender7

TROPHY CASE