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Posted Thu, 30 Mar 2023 20:21:13 GMT by wonga78
Hi HMRC Firstly, what is the adjusted net income figure in this example? Total Annual Taxable Income as per March payslip = 101,500 Payment into a Private Pension scheme : £4,000 direct payment (£5,000 20% Basic Rate gross up) Is the deduction £4k or £5 to give total adjusted net income of £97,500 or £96,500 ? Secondly, how will i demonstrate this to the tax free childcare team as i believe they will initially look at the gross taxable income which is over £100k and will decline my application? Thanks Wonga78
Posted Thu, 06 Apr 2023 11:43:32 GMT by jacw001
It will be £5000 and make it £96,000. Having said that, I need confirmation from HRMC whether the P11D value and any UK earned interest to be 'added' to top and it could make some difference too.
Posted Thu, 06 Apr 2023 13:17:40 GMT by HMRC Admin 32
Hi Wonga 78,

If you have queries over the calculation used you need to contact the Childcare Service helpline directly to query the process they will take.

Childcare Service helpline

Thank you.
Posted Mon, 17 Apr 2023 10:01:24 GMT by HMRC Admin 19

These should be added on.

Thank you.

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