Sheff_D
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RE: Redundancy paid into pension directly vs. voluntary contribution
Hi, I don't require advice as such. I'd just like to know the admin required for each choice if that makes sense? Thanks -
Redundancy paid into pension directly vs. voluntary contribution
Hi, I have the option of some (or all) my redundancy payment to be paid into my pension at the time I receive my severance pay. What is the advantage my company doing this now vs. making a voluntary contribution a few months later? Is it just that they work out the tax for me instead of having to fill out a self assessment or write to HMRC later to claim the tax back? Thanks!