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Tax calculation

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Comments

  • You are looking at this from the wrong angle.

    If you pay £1212 to a relief at source pension you end up with £1515 in the pension fund.  That will not change (other than for investment return or scheme charges).

    The personal tax saving could be £303.  That benefits you personally it is never added to the pension fund.

    So you end up with a pension fund of £1515 for a net outlay of £909.
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