Tapered Annual Allowance?

ace33

Hi, 

Wondering if someone can help me understand the tapered annual allowance in my scenario and if I should request to reduce my pension contributions with my employer?

1 source of income, £80k salary (but £300k earnings total) I pay 5% salary via the company into the company scheme, they then pay 10%.

Do I need to take into account the TAA and request that the contributions of no more than £4k or do I just carry on and get taxed on the contributions they make over £4k?

Thanks 

Cus

If it's like my company payroll, then they don't care about overpayment and you would need to declare this in your self assessment. The numbers above look like you hit the 312k limit.