PPRuNe Forums - View Single Post - Pension Horror - Annual Allowance
View Single Post
Old 10th Oct 2019, 19:51
  #24 (permalink)  
Ballistic Profile
 
Join Date: Oct 2019
Location: UK
Posts: 5
Likes: 0
Received 0 Likes on 0 Posts
VR - I can tell you, it’s more than 100%.
However, this £90k figure is my Pension Input Amount - ie what an actuary has estimated my notional input to a pension pot would be to generate the change in my predicted pension (over the last year).
i don’t yet know what the tax is that I’ll have to pay due to my ‘error’ of paying into my notional pot more than the £40k allowance.
Anyone know what I might be about to be shaken down for?
Ballistic Profile is offline