Sample Approach Letters. Pension Season 2011 Supporting you in winning pension business

Transcription

1 s Pension Season 2011 Supporting you in winning pension business

2 Employees October 31st Tax Saving Deadline An exciting opportunity As an employee, you have an opportunity to receive a significant refund of the Income Tax and PRSI you paid through the PAYE system in This refund can be achieved through off-setting certain personal retirement saving/pension contributions made by you before October 31st 2011 against your Income Tax and PRSI payments made in Making a pension contribution is the most tax-efficient way for you to save for your retirement, with relief of up to 41% available against Income Tax. And, there are some very attractive features regarding how your pension capital can be used at retirement. I would very much like to discuss with you how you might avail of these opportunities. I will telephone you shortly to discuss your existing retirement funding position and perhaps we may be able to arrange an appointment to discuss your needs in this area in greater detail.

3 Self-Employed October 31st Tax Savings Deadline Making the most of the tax relief available As you are no doubt very much aware October 31st (or November 15th if you file and pay using ROS) is the date by which you must finalise your Tax Assessment for the 2010 tax year and pay your Preliminary Tax liability for the current year (2011). 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 41%). I would very much like to discuss with you how you might be able to reduce the size of your next cheque to the taxman. I will telephone you shortly to discuss your existing retirement funding position and perhaps we may be able to arrange an appointment to discuss your needs in this area in greater detail.

4 Dual Income Earners October 31st Tax Savings Deadline Making the most of the tax relief available October 31st (or November 15th if you file and pay using ROS), the date by which you must finalise your tax assessment for the 2010 tax year and pay your Preliminary Tax liability for the current year (2011) is fast approaching. Chances are you will have to draw another substantial cheque payable to the Collector General. In addition an individual such as yourself, with more than one source of income, where one of those sources is a pensionable employment, needs to carefully review what pension contributions you are using to avail of the excellent tax reliefs available. Relief of up to 41% is available against Income Tax. I will telephone you shortly to discuss your retirement funding position and perhaps we may be able to arrange an appointment to discuss your needs in this area in greater detail.

5 Proprietary Directors October 31st Tax Savings Deadline An exciting opportunity If you own or control more than 15% of the shares in your company you are likely to be very much aware that October 31st is the date by which you must finalise your Tax Assessment for the 2010 tax year and pay any resulting tax liability. However, you have an opportunity to reduce your personal Income Tax and PRSI bill for 2010 and maybe even receive a refund from the Revenue Commissioners. This reduction can be achieved through offsetting personal retirement saving/pension contributions made by you before October 31st against your Income Tax and PRSI liability for Making a pension contribution is the most tax-efficient way for you to save for your retirement, with relief of up to 41% available against Income Tax. And, there are some very attractive features regarding how your pension capital can be used at retirement. I would very much like to discuss with you how you might avail of these opportunities. I will telephone you shortly to discuss your existing retirement funding position and perhaps we may be able to arrange an appointment to discuss your needs in this area in greater detail.

6 Print Ref: ZURL PB Zurich Life Assurance plc Zurich House, Frascati Road, Blackrock, Co. Dublin, Ireland. Telephone: Fax: Website: Zurich Life Assurance plc is regulated by the Central Bank of Ireland. Intended for distribution within the Republic of Ireland. The information contained herein is based on Zurich Life s understanding of current Revenue practice as at September 2011 and may change in the future.