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Old 30th Jan 2020, 17:22
  #54 (permalink)  
Sandy Parts
 
Join Date: May 2005
Location: home for good
Posts: 494
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[QUOTE=VinRouge;10593249]

Re the above - about this time of year I chuck some coppers into my SIPP to recoup some of that 41% (Scottish resident) tax. To guess how much I can bung in, I need to know where I am in regard to the 40k Annual Allowance for FY19/20. I'm guessing I can roughly multiply my pensionable pay x 63.5% to get that figure. The question is, what constitutes 'pensionable pay' in this instance? Is it net income or gross inc NI or gross minus NI? No info on the interweb that I can find. Emailed JPAC / Veterans UK for a detailed quote but nothing heard back yet....
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