State pension in payment & working Self Employed - Continue paying into a Personal Pension?

ISky11

I have State Pension now and have been doing a bit in a self employed capacity (along side a few small PAYE gigs).This year 23/24 earned income / Pensions crept up on me and I have income about £3k over the basic rate for tax. 
Going Forward is it sensible to contribute into a Personal Pension? I'll probably be working as I am for another 5 years(?) and thought it might be a good thing to consider. Pros and Cons?

Dazed_and_C0nfused

You cannot change anything now for 23-24 but if the income situation will continue then availing yourself of some higher rate relief is a very tax efficient way of getting money into a pension.

Marcon

ISky11 said:

I have State Pension now and have been doing a bit in a self employed capacity (along side a few small PAYE gigs).This year 23/24 earned income / Pensions crept up on me and I have income about £3k over the basic rate for tax. 
Going Forward is it sensible to contribute into a Personal Pension? I'll probably be working as I am for another 5 years(?) and thought it might be a good thing to consider. Pros and Cons?

If you want to increase your retirement savings in a tax efficient manner, a pension is normally the best way to do it. 

ISky11

Dazed_and_C0nfused said:

You cannot change anything now for 23-24 but if the income situation will continue then availing yourself of some higher rate relief is a very tax efficient way of getting money into a pension.

Yes - I asked that question the other day - I can only pay in the tax year, shame. I was thinking about this tax year. I'll have to get my finger out mind if I want to get intothe higher rate bracket!