I'm about to make a lump sum AVC for the 2006 tax year. My P60 says my total pay was 63528 and I made contributions of 3934.7 throught payroll during 2006.
Am I correct in thinking I can make an AVC for (63528 / 5) - 3934.74 = 8770.86 (before tax relief)?
I'm in the 30 - 40 age bracket so max contribution is 20%.
Thanks.
Am I correct in thinking I can make an AVC for (63528 / 5) - 3934.74 = 8770.86 (before tax relief)?
I'm in the 30 - 40 age bracket so max contribution is 20%.
Thanks.