Description: Pension contribution by individuals in business or trade as allowable deduction A contribution to a pension, provident or other retirement benefits fund, society or scheme recognised under the Pension Reform Act is a deduction allowed for the purpose of ascertaining the income or loss of an individual for any period from any source chargeable with tax under this Act.

Eligibility Criteria: i. i. The contribution must be to a pension, provident or other retirement scheme recognised under the Pension Reform Act ii. The sources of income must be subjected to tax under this Act