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Save £700+ in tax by chucking taxable-benefit-money into pension on Monday before end of FY?

RedMonty · 2022-04-02 11:34:38

So I found that I got paid two years worth of a particular taxable benefit in one financial year. It creates a problem which I might be able to resolve by making a lump sum payment into my pension by this Monday (eek!) before the end of financial year. This benefit (Carer's Allowance for looking after my disabled kid) is…

Comments

[Deleted User] Posts: 0 Newbie

2 April 2022 at 5:25PM edited 2 April 2022 at 5:25PM

One incredibly valuable benefit of receiving Carers allowance is that you receive full years NI credit for each year that it is paid to you - gold I would have thought.

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