Tag: Pension Contributions

Family Member Pension Contributions
Our Blog

Family Member Pension Contributions

A contribution of £100, will currently only cost a basic rate taxpayer £80. The contribution is deemed as being made net of tax (£80) and the pension provider claims the tax relief (£20) from the government.

Tax Efficient Remuneration using Pension Contributions
HMRC

Tax Efficient Remuneration using Pension Contributions

If you want to increase your tax-free contributions limit, you could consider either increasing the amount of salary you take from the company (to increase your relevant UK earnings), or making the pension contribution directly from your company as an employer contribution.