It is an important date as it represents the last opportunity for PAYE workers to claim back a proportion of income tax and PRSI paid in 2011. If this opportunity is not taken, it is missed forever. Furthermore, there are mutterings in the Finance Departments that pension relief may be reduced from a current maximum of 49% to 33% next year.
How it works;
1) A PAYE worker pays an extra contribution to his pension (or starts a pension)
2) He receives a ...
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