I am a PAYE employee for 90% of my income but would also have some income from self-employment. I have a non-contributory pension with the day job. My query is can I pay money into a personal pension to off-set my tax liabilities on self-employed income? Due to my age, I could pay 20% of my income into a pension but is this calculated on my total income or my self-employed income?
Any advice would be most welcome.
Any advice would be most welcome.