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SIPP Contributions alongside NHS DB Scheme

theblueflash · 2021-08-26 07:31:10

Hey - new’ish here, love learning from all the great posts. My wife works part-time in NHS and earns £11400 a year so nil-rate band. She is a member of the NHS Pension Scheme and has been for 20years. I’m starting to look at tax efficiencies for us when we retire and lucky enough to be able to contribute to a separate SIPP…

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QrizB Posts: 18,208 Forumite

10 September 2021 at 1:12PM

Short answer? No.
Long answer? In any given tax year you can't personally contribute more than your earned income. The total of your personal and employer contributions can't be more than the annual allowance (currently £40k). However if you earn more than £40k and haven't used your full annual allowance in any of the previous three years, you can carry that unused allowance forward. Unfortunately your wife isn't earning more than £40k so that doesn't apply.

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