Taxes Consolidation Act 1997 section 848AB

Monthly return

Section 848AB requires registered pension administrators to file a monthly return with Revenue detailing tax credits claimed under the pension relief at source system.

• A registered administrator must file a return within 15 days of the end of every month, including a nil return where no activity arose.
• The return must show the aggregate amount of tax credits for pension subscriptions and the aggregate amount of additional tax credits claimed in the previous month.
• The return must also state the number of pension subscriptions involved, broken down by type: additional voluntary contributions, PRSA contributions, and annuity contract premiums.
• The administrator must include a declaration in a Revenue-prescribed form confirming that, to the best of their knowledge and belief, the information in the return is correct.