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Posted Mon, 04 Mar 2024 18:53:07 GMT by Nick Weir
Hi Due to a disability, I have limited options for work. I am considering some form of retirement whilst I navigate under ESA. Ten years away from state pension age. Can I pay greater than annual salary (as a one off) into a private pension provided that I convert it to fixed income or drawn down and still experience the full tax relief ? Or will I have to pay tax and / or have contributions returned ? Kind Regards,
Posted Thu, 07 Mar 2024 08:45:00 GMT by HMRC Admin 25
Hi Nick Weir,
You can pay more than your salary but relief is limit to your annual salary.
Tax on your private pension contributions
Thank you. 
Posted Thu, 07 Mar 2024 10:35:56 GMT by Nick Weir
Thanks for confirming. In the event that the pension provider has got this wrong, and have already paid the tax relief, what and when needs to take place so that I remain compliant with tax and general inland revenue rules ?
Posted Fri, 08 Mar 2024 15:15:23 GMT by HMRC Admin 32
Hi,

You would need to advise the pension company of this in order that the excess tax is paid back.

Thank you.

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