John's earnings include a PAYE salary of €50,000, a €50,000 bonus, and a €50,000 dividend. His relevant income would be:

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Multiple Choice

John's earnings include a PAYE salary of €50,000, a €50,000 bonus, and a €50,000 dividend. His relevant income would be:

Explanation:
Relevant income is the total amount from all earnings that count for pension contributions relief. In this scenario, you add the different streams of income that qualify: salary, a bonus, and dividends. So the total is €50,000 + €50,000 + €50,000 = €150,000. If a provided answer shows €200,000, that would require another €50,000 of income not shown in the data. Based on the figures given, the relevant income amounts to €150,000.

Relevant income is the total amount from all earnings that count for pension contributions relief. In this scenario, you add the different streams of income that qualify: salary, a bonus, and dividends. So the total is €50,000 + €50,000 + €50,000 = €150,000.

If a provided answer shows €200,000, that would require another €50,000 of income not shown in the data. Based on the figures given, the relevant income amounts to €150,000.

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