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Posted Thu, 27 Jun 2024 14:15:16 GMT by andryha123
Hi, My income last year turned out to be £132000, I also made a one-off pension contribution of £11000 which was grossed up by my SIPP provider to £13750. Tax paid based on my P60 was £40500. Based on my calculation I should've paid £38400 instead because my income dropped to £118250 due to a pension contribution. Therefore I overpaid £2100. Is it correct? Also, I understood that I can claim an additional tax relief because I'm an additional tax rate payer: £6860 @ 25%, being £1715 (£132000 - £125140) £6890 @ 20% being £1378 (£13750 - £6860) extra tax relief £3093 Is it correct that I should expect £2100 + £3093 = £5193 from HMRC after submitting self assessment tax return? Thank you in advance
Posted Wed, 03 Jul 2024 09:41:58 GMT by HMRC Admin 21 Response
Hi andryha123,
Yes if you are a higher rate taxpayer and the pension contributions are from your net wage then you can claim the additional relief on your Self Assessment tax return.
When you submit your Self Assessment you will receive a calculation SA302. If you want to query the SA302 if you allow 3 working days for the submitted tax return to process to HMRC records and then contact us we can review.
Self Assessment: general enquiries.
Thank you.

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