Skip to main content

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

Annual allowance

KB Y
Posted Thu, 01 Jun 2023 22:47:30 GMT by KB Y
I use self assessment and have different kinds of income I would like to know, how much can I put in SIPP? does capital gain tax and all forms of other incomes count? Thank you
HMRC Admin 10
Posted Fri, 02 Jun 2023 13:58:14 GMT by HMRC Admin 10
Hi
You will be limited to 100% of your earnings.
If you pay more than £60,000 you could be liable to a tax charge.
See guidance at :
Tax on your private pension contributions
Thankyou.
KB Y
Posted Fri, 02 Jun 2023 15:43:14 GMT by KB Y
Thank you for your reply. What I'm confused is about the word "earnings" What earnings are eligible? There are salary, capital gain, interest, dividends Thank you
HMRC Admin 8
Posted Tue, 06 Jun 2023 17:13:59 GMT by HMRC Admin 8
Hi,
This is your salary only.
Thank you.

You must be signed in to post in this forum.