HMRC Tax calculation : Pension lump sum deposits missing

armistice

Advice appreciated:
I've just received my 24-25 tax calculation and with the addition of untaxed interest it shows I have breached the 40% band by a small amount.  I had planned for this, and made additional payments to my workplace pension to bring my total taxable income below the 40% threshold.

The figures on the tax calculation match my figures exactly apart from they do not reflect the additional ~ £750 net one off pension contribution to reduce the taxable income.

I do not complete a self assessment,  Employer pension is Net Pay.

What do I need to do in order to have my additional pension contribution taken into account in the tax calculation with respect to taxable income.

Dazed_and_C0nfused

armistice said:

Advice appreciated:
I've just received my 24-25 tax calculation and with the addition of untaxed interest it shows I have breached the 40% band by a small amount.  I had planned for this, and made additional payments to my workplace pension to bring my total taxable income below the 40% threshold.

The figures on the tax calculation match my figures exactly apart from they do not reflect the additional ~ £750 net one off pension contribution to reduce the taxable income.

I do not complete a self assessment,  Employer pension is Net Pay.

What do I need to do in order to have my additional pension contribution taken into account in the tax calculation with respect to taxable income.

Was this one off contribution a relief at source contrition, not an extra net pay one?

If so you need to claim the relief so HMRC will increase your basic rate band, this contribution will not reduce your taxable income like you seem to think.

https://www.gov.uk/guidance/claim-tax-relief-on-your-private-pension-payments

armistice

Dazed_and_C0nfused said:

Was this one off contribution a relief at source contrition, not an extra net pay one?

If so you need to claim the relief so HMRC will increase your basic rate band, this contribution will not reduce your taxable income like you seem to think.

https://www.gov.uk/guidance/claim-tax-relief-on-your-private-pension-payments

Yes, that's the case.  [Apologies for my wrong wording with regard to taxable income].  Thanks for your reply.

When submitting the claim,
Do I treat this as contributions to a personal pension or
my workplace pension and if so should I only add the one off contribution when asked about amounts contributed (Since all others are on a net pay basis) or do I need to include all those as well?

Dazed_and_C0nfused

armistice said:

Dazed_and_C0nfused said:

Was this one off contribution a relief at source contrition, not an extra net pay one?

If so you need to claim the relief so HMRC will increase your basic rate band, this contribution will not reduce your taxable income like you seem to think.

https://www.gov.uk/guidance/claim-tax-relief-on-your-private-pension-payments

Yes, that's the case.  [Apologies for my wrong wording with regard to taxable income].  Thanks for your reply.

When submitting the claim,
Do I treat this as contributions to a personal pension or
my workplace pension and if so should I only add the one off contribution when asked about amounts contributed (Since all others are on a net pay basis) or do I need to include all those as well?

HMRC won't (shouldn't) be interested in net pay contributions as your P60 will have already reflected the reduced level of taxable income they create.

I would expect you just need to tell them about the RAS contribution (making sure the gross/net values are crystal clear).

The form should hopefully be self explanatory.