Pension and Tax or other options

mcnicm20

hi,
I am working inside IR35 and the umbrella company have set me up to pay into the NEST pension scheme. I am also now receiving my company defined benefit pension and paying tax on this. With the different sources of income I will hit the £100k taper threshold before the end of the tax year.  

I am trying to see if I can offset the money that I will take me over the limit. Please advise on any options. I am wondering if I could pay my remainng NET pay into my NEST pension would I need the umbrella company to do this or can I do this myself as lump sum payments? Now I am receiving my DB pensions is my pension limit £4k or £40k per year I know the limit falls once you are taking a pension but I don't know if this just applies to DC pensions or all pensions. Or is there another way I can offset the tax ?

I also have a workplace pension through another job so would it be better option to pay into that?

Thank you

Jeremy535897

Any contributions you make to a pension scheme will be grossed up for basic rate tax, and that gross amount will reduce your adjusted net income, which is what counts for the level at which personal allowance is withdrawn. Your annual allowance is not reduced to £4,000 until you take anything out of a money purchase pension scheme that is not within the tax free lump sum. Taking benefits from a dB pension does not affect this. See:
https://www.moneyhelper.org.uk/en/pensions-and-retirement/tax-and-pensions/money-purchase-annual-allowance-mpaa