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Posted Sun, 22 Sep 2024 07:30:46 GMT by lolidad
Hello, Assuming salary as only source of income, is the below calculation for tapered allowance for 2023-24 correct please. Inputs: * Salary from P60 (total income on which tax is due): 225,000 * Employer pension contribution: 27,000 * Employee salary sacrifice to pension: 14,000 Calc: Threshold income = 225k Adjusted income = 225k + 14k + 27k = 266k Pension allowance = 60k - 6k/2 = 57k Cheers
Posted Fri, 27 Sep 2024 08:03:55 GMT by HMRC Admin 19 Response
Hi,
Unfortunately we can not comment on individual circumstances. You will need to contact us by webchat or via phone, see link: 
Self Assessment: general enquiries
Thank you.
Posted Fri, 27 Sep 2024 11:39:44 GMT by lolidad
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