We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Higher Rate Tax Payer - How to reclaim ?
andychat
Posts: 5 Forumite
As a hgher rate tax payer I am aware that I should be able to reclaim the higher rate tax on my pension contributions. However, I am not sure how to go about recovering the tax. Would I simply need to contact HMRC or complete a tax return? Also, as this has gone on for several years, am I able to recover prior year's tax?
Thanks in advance for any advice
Thanks in advance for any advice
0
Comments
-
what sort of pension are you paying into?0
-
Company Defined Contribution scheme0
-
Are your contributions paid after tax has been deducted or before?0
-
Contributions are paid before deduction of tax0
-
Think I've got to the bottom of this issue. Spoke to HMRC representative, who explained that,since my pension contributions are deducted BEFORE tax is deducted, then effectively I am getting the correct tax treatment. No further action needed on my part. I appreciate your reponses. Thanks!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards