2 questions on tax relief for a newbie

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isayhello wrote: »

Thanks @msallen and @JCUK

So an example would be great @msallen if you call the tax office at the start of the year and tell them that you plan to contribute say £5000 over the year, do they adjust your tax code to give you an extra 20% tax relief on that money then?

This is exactly what I did, rang them (actually online chat) in April this year to say I was going to contribute 9600 gross to my sipp in the coming tax year and they adjusted my tax code for the rest of the year.


Edit: Note the taxcode adjustment was only tax relief of the higher tax band of my earnings. The original 20% is credited automatically to my Sipp