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how much can i contribute to a sipp
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grosy
Posts: 6 Forumite
hi, I'm confusing myself on how much i can pay into a sipp.
my earnings this year will be around £11k.
i pay into works pension at 5%.
my employer contribution + my contribution + tax relief = 16% of my salary.
this is where im unsure
can i pay £11k-5% or isit £11k- 16%
thanks for looking
my earnings this year will be around £11k.
i pay into works pension at 5%.
my employer contribution + my contribution + tax relief = 16% of my salary.
this is where im unsure
can i pay £11k-5% or isit £11k- 16%
thanks for looking
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£11k - 16%0
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