Chris Mackenzie
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RE: Higher rate tax relief on one-off pension contributions
Hi, I have made a £10k lump sum contribution to my personal work based pension. I have a letter from the pension administrator who have confirmed receipt and they have not applied any tax relief. I assume I need to write to HMRC directly to get the full tax relief up to 45%? -
Pension contribution to offset tax >£100k
Hi. My earnings will will exceed £100k this year and my tax free allowance will diminish completely. I’m looking for advice to reduce any additional tax payable. If my earnings are £130k, how much would I need to contribute to a pension scheme to remove any additional tax payable. Would it need to be the full £30k to bring my earnings down to £100k?