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SIPP contribution calculation - 8% of what?
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Just to finish off...
It turns out that my wife’s contract states it should be calculated on a Gross Salary Basis whereas payroll were calculating on a qualifying salary basis.
This basically means they deducted the lower earnings limit of £6240 per year or £520 per month from her salary before calculating the pension contribution.
They have rectified this but we understand that the same issue is affecting many more people and it seems very few people understand this and even fewer would challenge it.0
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