DOGSTAR TROW

One or two final questions to completely clarify things. What is the limit I am allowed to pay into my SIPP per tax year? Yes, the first GBP2880 I will receive tax relief for but I am quite willing to repay the tax relief on ALL monies paid into my SIPP above this amount eg If I paid GBP6880 into my SIPP this tax year on the initial GBP2880 I would receive GBP720 as tax relief from HMRC BUT I would have to repay GBP1000 to HMRC on the GBP4000. Is the amount I could theoretically pay into my SIPP unlimited? GBP50,000 per tax year? I don't have any incomings other than my benefits (I am severely disabled) so I don't have much I can add to my SIPP maybe GBP4000 through sale of jewelry but I would like to know "where the line is drawn". I will retire in under 5 years and wish to add as much to my SIPP as possible. Thank you for your help in answering all my questions, I don't want to do the wrong thing and don't know much about tax or SIPP's.

Thank you for responding to my question. Can you tell me whether it is seen as ILLEGAL to do what I have done by accident - will I be fined? If it is not seen as ILLEGAL how much can I put into my SIPP (above the £2880 maximum)? I am fully willing to pay tax on the amount above the threshold as I am close to retiring (less than 5 years) and want to put as much money into my pension as possible. I DO NOT WISH TO BREAK ANY LAWS. Kind regards,

If I have a sipp and I am unemployed and I overcontribute to it, will i have to pay tax on the sum i have overpaid?