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Child Benefit / State Pension
Comments
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Normally police pension payments are deducted at source from salary so your P60 figure should reflect the adjusted position. Is it the P60 figures you are using, the taxable pay figures on your payslips will suffice as well.1
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Yes I’m using P60 figures.BoGoF said:Normally police pension payments are deducted at source from salary so your P60 figure should reflect the adjusted position. Is it the P60 figures you are using, the taxable pay figures on your payslips will suffice as well.
does that mean it’s already been done so won’t help me so to speak ?
thanks for your help0 -
Sounds like it yes.bcfclee27 said:
Yes I’m using P60 figures.BoGoF said:Normally police pension payments are deducted at source from salary so your P60 figure should reflect the adjusted position. Is it the P60 figures you are using, the taxable pay figures on your payslips will suffice as well.
does that mean it’s already been done so won’t help me so to speak ?
thanks for your help
If your pension is being paid using the net pay method then you cannot deduct those contributions for HICBC purposes.
That's because your P60 already reflects the reduced taxable income.
For example salary £60k with 5% net pay contribution would mean your P60 only showed income of £57k.1
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