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Pension contributions and tax relief

schmoo2k · 2022-12-16 11:32:59

I have three contributions to my private pension fund each month (% of salary): 5% from my salary 8% from the company (as a "match" to my 5%) 5% AVC When calculating the amount which is eligible for tax relief do I need to include or exclude the 8% from the company?

16-12-2022 12:32pm

#1
schmoo2k

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I have three contributions to my private pension fund each month (% of salary):
5% from my salary
8% from the company (as a "match" to my 5%)
5% AVC
When calculating the amount which is eligible for tax relief do I need to include or exclude the 8% from the company?

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Comments

#2 16-12-2022 12:54pm

downburst

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Join Date: October 2011

Posts: 206

The answer is you exclude the company match for the tax calculation. Long may it continue.

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#3 16-12-2022 1:16pm

schmoo2k

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Perfect - thx!

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