PERP INVESTMENTS

Payments made until the 31st of December are deductible from your taxable income of 2017.  The higher your rate of income tax the greater the benefit of this deduction.  5 000 Euros paid into a PERP will save you 2 050 Euros in income tax, if you are taxed at 41%.  The PERP is also ideal for creating additional income for your retirement.