mike42a
Joined: 9/30/2024
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Claiming SIPP Tax Relief
I'm looking to open my first SIPP account. The previous tax year 23-24 I earned ~£56,000 (38k PAYE, 7k from rental property, 9k contracting and 2k from dividends). I have a pension with my employer which is a defined benefit final salary scheme. The previous tax year I was a 40% tax rate payer. If I open a SIPP today can I claim the additional 20% tax relief from the tax year 23-24 in my self assessment in April 2025? Thanks