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The Book-keepers Forum (UK) -> Professional Book-keepers in Practice -> SATR: Contributions towards a personal pension or retirement annuity
Post Info TOPIC: SATR: Contributions towards a personal pension or retirement annuity
rachel_mclean


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SATR: Contributions towards a personal pension or retirement annuity
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Hi I wonder if anyone could help me.

 

I'm just filing in a clients tax return and want to check I have something right.

 

The client has started making payments into a personal pension, I've got a statement print out of the payments paid in. It also shows tax re-claimed on the payments.

 

So if they have already had tax relief (which is I am assuming the tax reclaimed) does the amount of pension contributions need go anywhere in the tax return please?

 

Thanks in advance  



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Rachel
Helz


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Hi Rachel

They only receive basic rate tax relief via the pension. Any high rate relief has to come via the SATR, which is why the payments should go on there.

Hope that helps

Helen

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rachel_mclean


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Thanks Helen

If he doesn't pay higher rate tax should they still go in?

Thanks

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Rachel
Helz


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I would put them in for the sake of completeness (since you obviously have them), but they won't impact on the calculation if they are a basic rate payer.

Helen

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rachel_mclean


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Lovely, thanks Helen

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Rachel
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