Joanne L
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Tax Relief on oneff payments to public service pension fund
Hi I made a largish one off payment to a public service sector pension fund (Teachers Pension) to purchase additional pension. The payment was made by cheque out of my savings -ie it was not taken from my salary. The pension fund does not provide relief at source. I believe that I am entitled to basic rate tax relief on this payment limited to the amount of tax that I actually paid in the tax year. Is my understanding correct? If I fill in a tax return where should I enter this payment? Thanks Joanne