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Earnings Limit on Tax Relieved Contributions - Increase announced for 2008
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3 January 2008
The earnings limit which applies for the purpose of tax relief on contributions to pension products is increased annually in line with the earnings adjustment factor. The factor, which is published by the Minister for Finance in December each year and published in Iris Oifigiúil (the official Irish State Gazette), is 1.049 for year of assessment 2008.
As a result, the earnings limit increases from €262,382 for 2007 to €275,239 for 2008.
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Further information:
Iris Oifigiúil, Number 102, Page 1402
Revenue eBrief No.67/2007: Earnings Adjustment Factor for the year of assessment 2008
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