If you are in employment and making workplace pension contributions then you could be due additional tax relief via your personal tax return, depending on your circumstances.
If you are in employment then you will get all tax relief automatically if either of the below apply:
- your employer takes workplace pension contributions out of your pay before deducting Income Tax - this is known as a ‘net pay arrangement’ or sometimes called 'salary sacrifice'
- your rate of income tax is 20% (i.e. you are not a higher rate tax payer)
If either of the above apply then there is no further relief to claim on your personal tax return.
However, if you are a higher rate tax payer and your employer deducts workplace pension contributions out of your pay after deducting Income Tax (known as ‘relief at source’) then you may be due some tax relief via your personal tax return.
Also if you are making personal pension contributions outside of your employment and are a higher rate tax payer, these could also be entitled to additional tax relief.
If we are preparing your personal tax return for you and the bold sections above apply, please provide us with the details of the pension contributions made during the tax year - ideally this will be a statement that shows the total employee and employer pension contributions made during the year, as well as any tax relief already applied within the pension scheme.
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