Hi Guys,
Quick and hopefully simple question, say I am 40-49 so I can invest 25% of salary in pension and get relief from that. If I contribute 5% and my company match the 5% is the additional amount I can invest to max out tax relief 20%, ie (25%-5%) or 15%, ie (25%-5%-5%), is the company contribution disregarded or not?
Thanks
Colly
Quick and hopefully simple question, say I am 40-49 so I can invest 25% of salary in pension and get relief from that. If I contribute 5% and my company match the 5% is the additional amount I can invest to max out tax relief 20%, ie (25%-5%) or 15%, ie (25%-5%-5%), is the company contribution disregarded or not?
Thanks
Colly