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Paying extra contributions advice
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So you could be retired by 49. :beer:uphilldownhill wrote: »I'm suprised to see that my first job doing weekend work whilst at school for 3 years counts, leaving only 9 more years to complete with 23 completed.
Scrounger0 -
Hi... Do you know if your company operates 'salary sacrifice'?uphilldownhill wrote: »Thankyou for the reply, am I correct to say the 20% tax relief total is against how much is paid in.
20% of £100 contribution is £20 relief added to pension pot.
then 20% of £200 is £40 and going all the way up to whatever the maximum is for basic rate tax.
If they did any you made your additional contributions in to the company's pension scheme then you should save additional 12% in NI on your contributions.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0
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