Hi,
Are the age brackets for pension contribution tax relief based around the actual birthday or the year that the person moves into a new age bracket? For instance, if a person turns 40 in October 5th, can they only get tax relief on contributions of 25% of net relevant earnings after 5th October?
Are the age brackets for pension contribution tax relief based around the actual birthday or the year that the person moves into a new age bracket? For instance, if a person turns 40 in October 5th, can they only get tax relief on contributions of 25% of net relevant earnings after 5th October?