If I will have an income of 60000£ in currnet tax year and contribute to my pension (relief at source) 8000£
My net adjusted income will go down to 50000£
I will not face child benefit charge and will be able to keep 100% of child benefit
Is above statement right?
Then I will complete tax assessment to claim back another 20% of tax I have paid between 50000£ and 60000£ which should be around 2000£ (it will be problably less as I am not 100% sure how that is calculated)
So, if I have received lets say 2000£ back from self assesment tax return does it increase my net adjusted income to 52000£? If so in which financial year? One just passed or next one?