Cornish1960
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Pension tax relief
Some help please. I am looking to make a £20,000 contribution into my SIPP . The amount is limited due to only working one day a week and earning only £20,000 pa, which caps the amount I can put in my SIPP, in respect of my earned income from employment . I do receive a pension from one of my previous employers which takes my total income per annum over £50,000, thus I fall into the 40% tax bracket. The question is will I be able to claim 40% tax relief or only 20% . Is my pension income included in respect of the tax relief I will be able to claim. As mentioned , I am aware that any pension contribution into my SIPP is capped at the level of earned income, i.e. what I receive from my employers and pay tax and NI on .