Calculating whether I can claim pension tax relief

eurobabe

I currently have a salary sacrifice scheme set up for my pension, plus a standard workplace pension, also my tax code is adjusted for working at home and marriage tax relief. Ive recently been fortunate to recieve a bonus and pay rise. How do I go about working out whether I can claim pension tax relief at the higher rate?I understand there is a level of salary I need to acheive to be charged the higher rate, but how do I calulate this with my pensions,WFH and marraige tax relief?´Would I be looking at my salary before salary sacrifice or after to compare against the higher tax band level?Can you claim the pension tax relief for just one month of the year, if say you pay above the 20 percent level for that month but not the rest of the year?Is there a website that will calculate the salary that has incurred 40 percent tax?

Dazed_and_C0nfused

There is no pension tax relief with salary sacrifice.  You are giving up salary in return for your employer contributing more to your pension.

Tax relief on contribution you pay depend on the method used.  Presumably relief at source where the pension company adds 25% to your contribution - is that correct?

What happens in one month is irrelevant, you look at the whole year.

You really need to provide some details for it to be explained in a simple way.

Salary is of no relevance usually for tax purposes, you start with your taxable pay, the amount which will be shown on your P60.

NB.  WFH expenses will be relevant but Marriage Allowance isn't, that simply reduces your tax liability once it has finally been calculated

eurobabe

My salary sacrifice is my contribution,basic tax and NI relief,plus employer adds their NI relief.

eurobabe

This is done by my employer before tax is taken and then paid intom my SIPP.So I believe that is net pay scheme.

eurobabe

Thats for my salary sacrifice pension and the wokplace one I believe tax and NI are taken after deducting tax and Pension comppany then claim the 20 percent for my contribution.Sorry for all the posts.Im struggling to find the post edit button.It used to pretty easy on the older forum.

[Deleted User]

eurobabe said:

Thats for my salary sacrifice pension and the wokplace one I believe tax and NI are taken after deducting tax and Pension comppany then claim the 20 percent for my contribution.Sorry for all the posts.Im struggling to find the post edit button.It used to pretty easy on the older forum.

It’s the little cog wheel just below your post count on each post.

eurobabe

Thanks purdyoaten2 that feature only appeared today must be as I didn't have enough posts.