Calculation required to ensure offset HRT - any final help appreciated

kuratowski

You don't need to submit any paperwork, however, it is advisable to keep records of your contributions and calculations, just in case there are any questions.

The below page on gov.uk confirms
https://www.gov.uk/guidance/check-if-you-have-unused-annual-allowances-on-your-pension-savings#carry-forward-your-unused-annual-allowance
"You do not need to report this to HMRC."

Lagrange

According to your payslip above workplace pension contributions total £19,877.97 not £16,539.74. ? 

Dazed_and_C0nfused

And the op hasn't mentioned their company benefits or other tax free allowances so any calculations are not going to tell the whole story.

Kalashnikov

Lagrange said:

According to your payslip above workplace pension contributions total £19,877.97 not £16,539.74. ? 

the Salary scarfice is one months behind so 3727 will be accounted for new taxyear. 

Kalashnikov

Dazed_and_C0nfused said:

And the op hasn't mentioned their company benefits or other tax free allowances so any calculations are not going to tell the whole story.

Would you like to have a go now ? 

Kalashnikov

I make it  ---- 8896 of a net sipp contribution after all the number crunching (gross 11120) 

kuratowski

Kalashnikov said:

I make it  ---- 8896 of a net sipp contribution after all the number crunching (gross 11120) 

Agreed 

Lagrange

Kalashnikov said:

Lagrange said:

According to your payslip above workplace pension contributions total £19,877.97 not £16,539.74. ? 

the Salary sacrifice is one months behind so 3727 will be accounted for new tax year. 

Although the employer pays the pension over to the pension company to the following month you have had tax relief on 3727 in March 2021 so it is not accounted for in the new tax year. Imagine that this was your last payslip on ceasing employment - it would not be possible to get any tax relief in the new tax year. 
Also the difference between the amounts above is 3338.23 not 3727. Perhaps there is a timing difference at the beginning of the tax year.?  I suggest that you look into this.  

Kalashnikov

Lagrange said:

Kalashnikov said:

Lagrange said:

According to your payslip above workplace pension contributions total £19,877.97 not £16,539.74. ? 

the Salary sacrifice is one months behind so 3727 will be accounted for new tax year. 

Although the employer pays the pension over to the pension company to the following month you have had tax relief on 3727 in March 2021 so it is not accounted for in the new tax year. Imagine that this was your last payslip on ceasing employment - it would not be possible to get any tax relief in the new tax year. 
Also the difference between the amounts above is 3338.23 not 3727. Perhaps there is a timing difference at the beginning of the tax year.?  I suggest that you look into this.  

i've logged in and requested a certificate of contributions for 19/20 and 20/21 to double check the figures. thanks for pointing this out. (its a minefield)