Pension contributions

You may contribute to a pension scheme for your employees. This is not a benefit in kind.

You should not deduct Pay As You Earn (PAYE) or Pay Related Social Insurance (PRSI) from your employer contributions if the scheme is either:

• a Revenue approved superannuation scheme
• a Personal Retirement Savings Account (PRSA).

Also, from 1 January 2016, Universal Social Charge (USC) is no longer payable on contributions you make to an employee's PRSA.