web
You’re offline. This is a read only version of the page.
close
Skip to main content

This is a new service – your feedback will help us to improve it.

  • RE: Pension tax relief

    @clive, I’m terribly sorry, but I don’t understand your reply with regards to what is the definition of net contributions in this case. Would you mind elaborating
  • RE: Pension tax relief

    Thank you for providing the figure. To help my understanding, would mind explaining why it’s the £50. Ie. In what way is that the net contribution
  • Pension tax relief

    Hi As well as a public sector superannuation pension, I contribute to a private pension I think I’m eligible to claim extra tax back in addition to the 25% that the pension company claim back on my behalf On the online form (not doing a self assessment) I’m confused with the term net contributions: “What was the total net contribution you made into this pension for the 2024 to 2025 tax year? “ It directs me to my pension statement but I’m having difficulty correlating the terms If I pay £50 to the pension company and they claim back £12.5 (just keep it as a one off for ease here ) What is the net contributions Is it £50, £62.50 or £37.50 I’m confused if they mean net as in I’ve already paid tax as that £50 has already been tax when I earned it , or is it net the 12.50 already claimed back A simple question on the site but I don’t know the answer :-)