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Paying lump sum into pension

zutman · 2025-11-26 18:42:33

sorry I can t get my hand round it, I want to pay 30k lump sum into my pension, im 58 and earn around 60k and pay 15% into my pension 3% the company puts in, its stuck in an isa earning nothing so what tax relief will I get ? I don't understand the 40% bit how do I get it, and is it worth doing ? Thanks

Comments

zutman Posts: 20 Forumite

29 November at 10:05AM

ok thanks I get it, ive just tried to add the cash to SL with my debit card but the web site won't take it, (or HSBC is stopping payment) I need to phone em Monday and do it over the phone... there always a brick wall in the way LOL thanks for all the advice fingers crossed I can sort it next week. if not I may book a cruise

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