Hillman Marti
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Grandparent contributing to grandchilds junior SIPP
Hi I understand that a maximum of £2880 annually can be invested in a Junior SIPP [for my grand child] which will receive relief of upto £720 from HMRC making a maximum annually into the SIPP of upto £3600. Can I show a pension deduction / offset from my own basic rate income which would result in a reduction in the amount of tax I would pay on my income. I am not a higher rate tax payer, Txs