PSYCHIATRIC NURSES ASSOCIATION of Ireland

PSYCHIATRIC NURSES ASSOCIATION of Ireland
Tel: 045 852300 Email: info@pna.ie

Nurses Lump Sum not to be Taxed

In recent months there has been a lot of speculation re the taxation of the lump sum on retirement. Today the Dept of Finance published the Commissioner's Recommendations.

It has recommended a threshold of €200,000.

I.e. It recommends that tax should only apply where the lump sum exceeds €200,000.

To view the full report click on this link