Error - Income Tax Calculator - Money Saving Expert - Pensions HMRC?

It looks like there is an error in the income tax calculator available on the money saving expert for the tax year 2023/2024 or 2024/2025.  If you put income 140k+, then the relief Pension HMRC reduces to 0 (i.e. even if say £500 per month).  It looks like an error as the all the supporting info says that if the relief up to 60k would be received.  
(Note, if you change the tax year to 2022/2023, you can see relief.  I don't see anything that changed in this period.  If you enter 135k for instance, it continues to give the Pension HMRC).
Anyone know if this is an error?

Comments

  • sheramber
    sheramber Posts: 21,554 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper

    Works for me


    2023/24

    Your results breakdown

    Here's how we worked this out...

    YearMonthWeek
    Gross Wage£140,000£11,667£2,692
    National Insurance£6,130£527£122
    Pension£6,000£500£115
    Pension HMRC£2,700£225£56
    Student Loan£0£0£0
    Take Home Pay£81,367£6,765£1,561
    Tax Free Allowance£0£0£0
    Tax Paid£46,503£3,875£894
    Taxable Wage£134,000£11,167£2,577


  • chrisbur
    chrisbur Posts: 4,228 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I think the OP meant £6000 a month.  The figure in the column headed Pension HMRC for gross of 140000 goes to £0 when you reach a pension figure of £1239 a month.
    On a gross of £135000 and pension of £1239 you also get £0 but when you get to pension of £2465 the Pension HMRC figures re-appear and are still there up to £8000

  • sheramber
    sheramber Posts: 21,554 Forumite
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    I based my calculation on the OP statement (i.e. even if say £500 per month).
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