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Maximum Pension Contribution includes Savings Interest?



Answer
JCFORUMLOGIN
Posted 20 days ago by JCFORUMLOGIN
I earn below £60k. Is my maximum pension contribution equal salary + other income (bank interest)? Thank you
Answer
HMRC Admin 17 Response
Posted 13 days ago by HMRC Admin 17 Response

Hi ,
 
Please have a look at the guidance at

PTM044100 ( PTM044100 - Contributions: tax relief for members: conditions    )  ,

which lists what counts as relevant UK earnings when calculating your maximum allowed relief,

where UK relevant earnings are below £60,000.

Thank you .
Answer
Clive Smaldon
Posted 13 days ago by Clive Smaldon
Not HMRC...no, interest etc doesnt count, its EARNED income only (employment/self employment), thats it, nothing else.

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