John
Joined: 7/12/2024
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Workplace pension max contribution?
Hi, If I was to earn £117'000 per annum, what is the maximum amount I can contribute (including employer contribution) each month, is it £5k? "£60k" per annum seems simple enough, but researching online suggests it's lower than that due to qualifying contributions? I just need a straight answer on what the maximum each month can be, based on that salary. The pension will be auto enrolment and start from August 1st 2024, but also let me know what the answer would be from April 2025 (as I assume the pension 'year' is the same as the tax year) Thanks!