I havent been able to find a answer on this on other threads and hence my 1st posting.
I am a PAYE worker and also receive rental income.
Does anybody know if my Rental Income be used as part of the 20% (I am in the 30-39 age bracket) Pension tax exemption or does the 20% apply to PAYE earnings only ??
Rental income is deemed "unearned income" (Schedule D, Case5) and thus is not pensionable. The 20% limit based on your age is applicable to PAYE (Schedule E) income only.