As you are no doubt very much aware 31st October (or November 10th if you file and pay using ROS) is the date by which you must finalise your Tax Assessment for the 2015 tax year and pay your Preliminary Tax liability for the current year (2016). Chances are you will have to draw another substantial cheque payable to the Collector General.
The good news is that a significant reduction in your tax liability can be achieved through a write off of Personal Pension Plan and/or PRSA contract contributions at your highest tax rate (i.e. up to 40%).
We can provide advice and access to all of the leading pension fund providers operating in the Republic of Ireland.