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Contributing £2880 to pension, can I pay in more?
Slinky
Posts: 11,655 Forumite
At the moment I'm a non-tax payer, 60, not in paid employment and don't anticipate being so again. I have income from interest below the personal allowance. I am contributing £2880 to my personal pension. I earn a small amount, under £1K per year, from Prolific studies. It just occured to me, can I contribute an amount equivalent to those earnings into my pension pot?
Make £2026 in 2026
Prolific £177.46, TCB £10.90, Everup £27.79, Roadkill £1.17
Total £217.32 10.7%
Prolific £177.46, TCB £10.90, Everup £27.79, Roadkill £1.17
Total £217.32 10.7%
Make £2025 in 2025 Total £2241.23/£2025 110.7%
Prolific £1062.50, Octopoints £6.64, TCB £492.05, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £70, Shopmium £53.06, Everup £106.08, Zopa CB £30, Misc survey £10
Make £2024 in 2024 Total £1410/£2024 70%
Prolific £1062.50, Octopoints £6.64, TCB £492.05, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £70, Shopmium £53.06, Everup £106.08, Zopa CB £30, Misc survey £10
Make £2024 in 2024 Total £1410/£2024 70%
Make £2023 in 2023 Total: £2606.33/£2023 128.8%
0
Comments
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You can contribute the higher of your earnings or £3600 gross (£2880 net). £3600 is higher than £1K.
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molerat said:You can contribute the higher of your earnings or £3600 gross (£2880 net). £3600 is higher than £1K.
OK thanks.Make £2026 in 2026
Prolific £177.46, TCB £10.90, Everup £27.79, Roadkill £1.17
Total £217.32 10.7%Make £2025 in 2025 Total £2241.23/£2025 110.7%
Prolific £1062.50, Octopoints £6.64, TCB £492.05, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £70, Shopmium £53.06, Everup £106.08, Zopa CB £30, Misc survey £10
Make £2024 in 2024 Total £1410/£2024 70%Make £2023 in 2023 Total: £2606.33/£2023 128.8%0
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