How does tax relief on pension contributions work?

Author	Message
Written on: 01.12.2009 [03:34]
Alana Alana Topic creator Posts: 4	I contribute to a company pension scheme and want to know what kind of tax relief on pension contributions is available?
Written on: 06.12.2009 [18:54]
Ulrich Ulrich Posts: 3	Well this shouldn’t be a problem for you, as part of a company pension scheme your pension contributions should be deducted before you pay gets taxed and therefore you avoid all taxes anyway. But it depends on the type of scheme your employer uses and also what profession you are in. There are some professions that are classed as self-employed even though they have an employer, not sure if this is your case too?????
Also very interesting: Can someone explain the Pension Protection Act lump sum debate to me? Where to get free and simple information regarding the pensions A day? Finding an easy to use pension-value calculator Dept of Works & Pensions access to bank details? Why have final salary pensions stopped? FSA Pension calculator query: what is the lump sum? Is it necessary to send medical forms to the pensions office? Possible to recontract back into Serps pension? What is a pension protection lump sum death benefit? Are companies able to raid companies’ pensions and steal from its employees?