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Tax free pension threshold from employment and ltd company earnings

Sartaj Singh
Posted Mon, 22 Jul 2024 15:03:37 GMT by Sartaj Singh
Hi..within a single tax year, hypothetically, if I have GBP 120,000 from an employment and GBP 140,000 from my own ltd company, how will my pension contributions be calculated? Would I still have GBP 60,000 allocation for tax free pension. If no, what will it be.
HMRC Admin 25 Response
Posted Wed, 24 Jul 2024 14:04:29 GMT by HMRC Admin 25 Response
Hi Sartaj Singh,
The 60k is still the limit to avoid a pension tax charge.
Please see guidance here: 
Tax on your private pension contributions
Thank you. 

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