uk1971
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RE: Higher rate tax relief on one-off pension contributions
thanks admin 5. I will try to declare the self assessment tax return in gov.uk ! appreciate for your feedback. I will update the status soon. -
RE: Higher rate tax relief on one-off pension contributions
Hi Officier, If I submit self assessment for 2023/24 in gov.uk, will it automatically derive higher rate tax relief on one-off pension contributions? I guesss the system only applied default basic 20% tax relief for one time pension contriubtion. If no, what is the procedure before or after completing self assessment in coming months? In current tax year (23/24), my total income is over 100k pound, tax code is 702T and I 've posted additional 6000 pound to my private pension account before 29 March 2024. I guess I am qualified to apply second tax relief. Right?