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Pension contributions- Reducing tax

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Comments

  • Albermarle
    Albermarle Posts: 28,515 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    If you have access to the pension providers website ( you should have ) you should actually be able to see the tax relief being added.
    You might want to see also on the website , in what investment(s) your pension is invested .
    It is not so important when the fund is small but is worth noting at least .
    I have checked on their website and it shows the transactions. On my payslip has for example 47.71 deducted for pension but when I checked it says I’ve paid in 59.64 (I assume this figure includes the gov 25% tax relief boost after tax & ni) ? Thanks 
    NI is not relevant here . Yes the boost from £47.71 to £59.64 is where the pension provider has added the tax relief ( they claim it back from HMRC )
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