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SIPP for annual £2800 top up -HMRC involvement ?
sally_lc
Posts: 12 Forumite
Hi, I recently retired and am thinking about starting the annual £2800 SIPP contribution for the small tax gain every year. My pension affairs are very simple at the moment, and I enjoy not having to think about it. My question is - would I likely have to do a tax return every year if I do this ? Thanks.
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Comments
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Not normally for a simple basic rate tax payer.
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My question is - would I likely have to do a tax return every year if I do this ?No, the annual use of the £3,600 allowance would not trigger a tax return.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2
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Thanks to you both0
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