Excess pension charge as personal contribution in excess of eligible income

Hello, I have sufficient carry forward from prior years. Total eligible income in 23/24 is £93,000 I have made gross personal pension contributions of £100,000 - £80k net plus tax relief of £20k. The excess pension contribution is £7,000 gross. Current excess tax relief is £1,400 The excess contribution should be added to other income to determine the excess charge. Am I correct that the excess charge will be the 20% tax relief on the £7,000 as the pension contribution means all my income in within the amended basic rate band? Thanks

Hi andy123 D,
No, the charge is based on your total income and in your case you are liable at 40%
Thank you. 

Thank you. So to clarify - it would be an excess charge of 40% of the gross amount - in this case £7,000. As a personal contribution already provided 20% tax relief it means that I end up paying 20% on top the gross amount in the pension.

Hi ,
 

Based in your figures, yes. This will be confirmed on receipt of your tax return .

Thank you .