Tax Return Query

vixen1500

Entering SIPP details on tax return
Have  I been doing this right?

Box 1  my payment plus tax relief
Box 2  just my payment 

But as I am nolonger paying into a SIPP, I can now leave Box 2 empty?

Dazed_and_C0nfused

vixen1500 said:

Entering SIPP details on tax return
Have  I been doing this right?

Box 1  my payment plus tax relief
Box 2  just my payment 

But as I am nolonger paying into a SIPP, I can now leave Box 2 empty?

No.

If you read the notes for completing the return I suspect you will find that entering £4,000 in the second box is the correct option for you.

This is an extract from the guidance.

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.

vixen1500

Thanks, so it seems I have got this totally the wrong way round.  If I had continued to payin then I would leave box 2 blank

Qyburn

The reason for the second box is so they know whether to adjust your tax code next year in the expectation of the contribution continuing.

vixen1500

Qyburn said:

The reason for the second box is so they know whether to adjust your tax code next year in the expectation of the contribution continuing.

I have decided not to contribute anything further into a SIPP,  so I should put in the same figure as box 1.
(Think I may have been doing it wrong in the past)

Don't think it affects the amount of tax due either way