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Posts Tagged ‘Pensions’

MORE ON PENSION RESTRICTIONS

“Personal private pension contributions may become a thing of the past if the Recovery Plan’s proposals are implemented to restrict tax relief for personal pension contributions for employees and the self-employed,” according to John Heffernan, head of Ernst & Young’s regional tax services.

PENSION LEVY

Irish Life and Zurich Life, two of the biggest pension providers in the country, have asked the Government to impose a €200m levy on retirement funds in the upcoming Budget rather than cut tax relief on contributions, The Sunday Times reports.

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