Hi all
Just a quick question on the tax relief on pension contributions.
If you pay the higher rate of tax on a proportion of your salary but your pension contributions are more than that proportion do you only get the lower rate relief on the balance of contributions ?
Thanks in advance.
Just a quick question on the tax relief on pension contributions.
If you pay the higher rate of tax on a proportion of your salary but your pension contributions are more than that proportion do you only get the lower rate relief on the balance of contributions ?
Thanks in advance.