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Pension Allowance
Holls_dad
Posts: 43 Forumite
I will have paid around £23k into my company pension as of end of December, am I right in saying that if my P60 shows earning this year of 13k am I allowed to make a personal payment of £10k into my plan
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Holls_dad said:I will have paid around £23k into my company pension as of end of December, am I right in saying that if my P60 shows earning this year of 13k am I allowed to make a personal payment of £10k into my plan
If you think your P60 will show £13k why have you already paid £23k?
Are you referring to a relief at source contribution of £10k (£12.5k gross)?0 -
The 23k is a salary sacrifice and yes 12.5k gross0
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So you haven't paid in £23k.
If you can afford it then yes you could make a net relief at source contribution of £10k. Or even £10,400.0
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