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Self Assesment - Employed Tax Deducted Query
Comments
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Fair enough.tunde10 said:Erm i already told you it was relief at source then but said it sounded like net pay.
I have re-read the definition and it is definitely relief at source.
Anyway this port of the convo is irrelevant. I know how much Tax i paid through employment and how much pension paid & relief received. That was not the question. I know it was overpaid.
My query was specifically on the self assessment tax section which has been answered already.
Thanks
Odd you said this earlier though.
The pension is deducted by my employer from my gross pay before taxes0 -
Erm i already told you it was relief at source then but said it sounded like net pay.
Could this possibly be because you stated
The pension is deducted by my employer from my gross pay before taxes.As you can see, the terminology can be confusing. For the net pay arrangement, contributions are deducted as a gross amount from gross pay before income tax is calculated. Conversely, for relief at source, contributions are deducted as a net amount from net pay after income tax has been calculated.
You need to be sure of your terms.
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