Please remember to see to the timely payment of the premium in the event that you are purchasing an annuity this year: you will only be able to claim tax relief as part of your 2016 income tax return if your payment has been made before the current year is out! A pension deficit – i.e. sufficient annual margin/reserve margin – is a must, it goes without saying.
Things are not quite so urgent where the annuity relates to the discontinuation of a business: in this case you will have until the end of June 2017 to settle up the premium if you wish to claim the corresponding tax relief as part of your 2016 income tax return.
Dutch version: Lijfrentepremies