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Tax allowances on pension contributions
rosy
Posts: 642 Forumite
OH pays tax at 40%. He pays contributions to pension ( LGPS ) directly through deduction from salary. He doesn't have any other pensions apart from this one. Am I right in thinking that he can claim an additional tax allowance for these contributions because he is a higher rate tax payer?
Thanks
Thanks
0
Comments
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OH pays tax at 40%. He pays contributions to pension ( LGPS ) directly through deduction from salary. He doesn't have any other pensions apart from this one. Am I right in thinking that he can claim an additional tax allowance for these contributions because he is a higher rate tax payer?
Thanks
No - he's already getting the full allowance because the deductions are made from his gross salary (before tax)0
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