f you’re completing a 2021/2022 self-assessment tax return by 31 January, don’t forget to declare your pension contributions to help reduce your overall tax. Higher-rate taxpayers are most at risk of missing out. If you make regular contributions to a private pension, such as a stakeholder or personal plan, your provider will automatically claim basic-rate income-tax relief on your behalf, reducing the cost of contributing by 20%.
Don’t forget pension-tax relief
Jan 27, 2023
1 minute
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