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Can I reduce my CGT by making a pension contribution?

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Comments

  • Jeremy535897
    Jeremy535897 Posts: 10,745 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    edited 22 January 2024 at 3:51PM
    There we go. Just like you said earlier, I also have never come across this scenario. Upon inputting there are no warnings - I guess that there is glitch in the system. But then again, how many case are there where there are low earnings, large CGT and excessive pension contributions? 
    Maybe one in a million, the estimate of those who might go into anaphylactic shock from a coronavirus vaccine (yet every vaccinator is trained on what to do if it happens).
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 February 2021 at 6:38PM
    I'm not so sure. Person with own small business, low salary, with existing property, inherits large property, rents it for a few years, then decides some time later to sell it, and wants to use some of the proceeds to boost their pension in the same tax year?
    Maybe uncommon, but hardly unique.
    No free lunch, and no free laptop ;)
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