The Revenue Deadline to apply for a Personal Fund Threshold (PFT) is 2 JULY 2015.
Do any of your clients need to act now before it is too late?
Key points you need to know:
1) This is relevant for any of your clients who had accumulated a Pension Fund(s) totalling more than €2m as at 1 January 2014.
2) If any of your clients are in this situation, then the Revenue Deadline for them to apply for a Personal Fund Threshold (PFT) is fast approaching.
The end-date is 2 July 2015 (12 months since the introduction of the Revenue electronic on-line system).
3) Revenue will not accept any late applications after this date. There has been no facility to backdate since 1 January 2014 when the legislation changed – for current or previous PFT limit.
The Revenue Deadline to apply for a Personal Fund Threshold (PFT) is 2 JULY 2015.
Do you need to act now before it’s too late?
Key points you need to know:
1) This is relevant for if you had accumulated a Pension Fund(s) totaling more than €2m as at 1 January 2014.
2) If you are in this situation, then the Revenue Deadline to apply for a Personal Fund Threshold (PFT) is fast approaching. The end-date is 2 July 2015 (12 months since the introduction of the Revenue electronic on-line system).
3) Revenue will not accept any late applications after this date. There has been no facility to backdate since 1 January 2014 when the legislation changed – for current or previous PFT limit.
For more information contact Lorraine through the contact us page