HMRC Admin 10 Response
Joined: 11/22/2019
-
re Being tax on income under £12,500
Hi
The income will be covered by your personal allowances so that no tax is due. However, as it is foreign income and self employment, you need to complete a tax return to declare this. -
re Adjusted Net Income
Hi
The pension company that your contributions are made to claim 20% relief and if your are a higher rate or additional rate tax payer then you can claim the additional 20% or 25% relief.