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Where Taxpayers and Advisers Meet

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by Meena
Wed Jan 23, 2019 5:08 pm
Forum: Income Tax
Topic: Pension contribution and tax bracket
Replies: 4
Views: 254

Re: Pension contribution and tax bracket

provided you can get confirmation that the pension scheme is approved from a UK perspective then the contributions would qualify for tax relief. Yes there would be a cap on your contributions which would qualify for tax relief depending on your total income in the tax year. Depending on the amounts...
by Meena
Wed Jan 23, 2019 11:43 am
Forum: Income Tax
Topic: Pension contribution and tax bracket
Replies: 4
Views: 254

Re: Pension contribution and tax bracket

yes you can subject to the qualifying conditions for the pension scheme being met. Could you please help me with the conditions? Are these standard ones applicable to all or are these specific to the pension scheme you choose? Also, are there any different rules applicable depending on your annual ...
by Meena
Mon Jan 21, 2019 2:59 pm
Forum: Income Tax
Topic: Pension contribution and tax bracket
Replies: 4
Views: 254

Pension contribution and tax bracket

Can I contribute X% of my annual salary to pension plan to bring down my tax bracket?

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