Pension Contribution Limit

TaxH8Ter

Hello

The £40,000 per year limit on pension contributions..... is this including or excluding employer contributions? I can't find a clear answer on the .gov website.

Many thanks.

Simon11

It includes.

NoMore

Tax on your private pension contributions: Annual allowance - GOV.UK (www.gov.uk)

What counts towards the annual allowance
Your annual allowance applies to all of your private pensions, if you have more than one. This includes:

• the total amount paid in to a defined contribution scheme in a tax year by you or anyone else (for example, your employer)

• any increase in a defined benefit scheme in a tax year

Seems pretty clear to me.

Albermarle

Simon11 said:

It includes.

and tax relief as well.

Scot_39

The £40,000 is the standard combined total gross limit -  for a DC scheme - simply the gross combined contribution - until you start lifting taxable cash from any DC scheme.

If you are worried about hitting it - knowing now that it is gross and includes employers - then check to see if carry forward an option

See e.g.

https://www.gov.uk/guidance/check-if-you-have-unused-annual-allowances-on-your-pension-savings