jester43
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Pension Maximum Annual Contributions
Hello there I would like to make contributions to my pension pot this financial year and next but am unsure the annual maximum I can put in without being taxed. I understand the current maximum allowance is £60,000. Using the HMRC calculator my unused allowance is over £120,000 for the last 3 years. However, I have also read somewhere you cannot contribute more than your annual salary per year? Can you please clarify whether I can contribute £60,000 or my salary which is far less without being taxed. Many thanks