Pension Contributions + Annual Allowance Tax Charge

Hi, First time self-assessment so appreciate the guidance. For the tax year 22-23, I have paid to my workplace pension £61K. (both mine and my employers contributions). This is £21k over the annual allowance of £40k As a 40% tax payer, I calculated I need to pay the tax on the overpayment of £21k. (£21000*0.4 = £8400). I will ask my pension administrator to pay this tax charge using scheme pays method. However, I have also paid into a private pension £1200. (payment made after tax deducted). This received 'relief at source' of 20%, meaning the contribution into the private pension was actually £1500 (£1200 + £300). I have therefore actually paid into pension a total of £61k + £1500 = £62,500, which I could use to adjust the total payment above the annual allowance. However, the £1200 payment into private pension was made after tax deducted, so I believe I only need to state I have paid into the pension £61k + £300 (20% tax relief that needs to be repaid). Is this correct? If so, I will add the £300 tax relief on top of the £8400 value I will ask my pension administrator to pay via scheme pays. Thanks

Hi,

The pension tax charge takes into account all pension payments made in the year and any tax relief applied therefore the £1500 should be added.

Thank you.