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Lump sum pension contribution
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brynmaxwell
Posts: 1 Newbie
Will a lump sum paid into pension fund still attract tax relief if income is from dividend payment ie unearned income?
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Comments
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Only if it's 3,600 pounds or less.Trying to keep it simple...
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So dividend income is not seen the same as PAYE income for tax relief on pensions?0
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stphnstevey wrote: »So dividend income is not seen the same as PAYE income for tax relief on pensions?
No.Tax relief is based on earnings above the 3,500 level.Trying to keep it simple...0
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