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How to enter lump sum payments into personal pension on self assessment return
Enigmaman
Posts: 300 Forumite
in Cutting tax
I am unsure as to how to handle payments into my personal pension on my self-assessment return.
I made regular monthly contributions plus a couple of slightly larger one-off contributions.
Is this what this box is talking about?
"Total of any 'one-off' payments to registered pension schemes included in the 'Payments to registered pension schemes where basic rate tax relief will be claimed by your pension provider'?
Should I enter anything in this box?
Or enter nothing and put the whole figure in the box below:
"Payments to registered pension schemes (also known as PPR) where basic rate tax relief will be claimed by your pension provider (called 'relief at source'). Enter the payments and basic rate tax:"
I made regular monthly contributions plus a couple of slightly larger one-off contributions.
Is this what this box is talking about?
"Total of any 'one-off' payments to registered pension schemes included in the 'Payments to registered pension schemes where basic rate tax relief will be claimed by your pension provider'?
Should I enter anything in this box?
Or enter nothing and put the whole figure in the box below:
"Payments to registered pension schemes (also known as PPR) where basic rate tax relief will be claimed by your pension provider (called 'relief at source'). Enter the payments and basic rate tax:"
1
Comments
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You enter the irregular contributions in the ‘one off’ box and the regular payments in the other box.There is a good reason for this. HMRC will assume that the regular payments will continue. If you put the one-off payments in the regular payments box they will assume that they will recur also. Not what you want!2
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Hi all, hope it's OK to reanimate this thread as I have a related question. Let me know if a new thread would be better.
I have only ever made lump-sum payments into my personal pension, so the two question boxes covering the same payment are confusing me. (I recall having the same confusion last year, so hoping I did it right.)
Say for example I paid in £4800 in one go, right before the end of the tax year, which with tax relief became £6000. The help notes and example about Emma make it clear I should put 6000 for the first question. Fine.
Now onto the second question, "Total of any 'one-off' payments to registered pension schemes included in the 'Payments to registered pension schemes where basic rate tax relief will be claimed by your pension provider' box." Do I put £4800 there, as it's what I paid, or £6000, following the previous question's logic? There's no example provided so we don't know what Emma from the previous question did.
By way of explanation, it adds "One-off payments are payments made in the year to 5 April 2025 that you do not intend to repeat in the year to 5 April 2026." Well as a matter of fact I did intend to repeat it, and I have. So maybe I should leave it blank?
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