Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Tue, 14 Mar 2023 12:07:29 GMT by MARK PETTIGREW
I left my last employer in July last year. I will receive some deferred shares in tax year 2023/24 which will be subject to income tax and NI. Will this income be allowable as income for SIPP contributions? I am not otherwise employed. I am not taking income from drawdown at this point and believe that I would comply with recycling rules.
Posted Mon, 20 Mar 2023 15:32:32 GMT by HMRC Admin 19

This would count as income but you would also need to check the amount you have received to see what relief is due.

Tax on your private pension contributions

Thank you.

You must be signed in to post in this forum.