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Posted Wed, 11 Dec 2024 14:41:41 GMT by Linds29
I need to complete a self assessment as i have taken on an extra job on a self employed basis. I pay into a private pension who have claimed tax relief on my behalf. My total earnings for both jobs are below the £50,270 threshold do i still need to declare my private pension payments on my self assessment. I have only been paying £150 per month. If i do need to include the payments will this impact my tax code at all? Thank you for your help.
Posted Mon, 16 Dec 2024 16:43:54 GMT by HMRC Admin 18 Response
Hi,
If the pension contributions are deducted from you net pay and you are a higher rate taxpayer then you claim the additional releif on your Self Assessment tax return. If not higher rate then nothing to declare. 
 

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