Everywhere as your personal allowance starts to disappear
https://www.gov.uk/income-tax-rates/income-over-100000
Why does no one ever tell anyone this crap
The standard tax return page makes no reference to this...
Everywhere as your personal allowance starts to disappear
https://www.gov.uk/income-tax-rates/income-over-100000
IF you know where to look, the front page of the self assessment makes no reference to it. It can only be incompetence or malicious. Not sure what is worse.It’s all there. Ignorance isn’t an excuse. Self assessment is easy compared to trying to get a visa for a non European citizen …
I'm due to start a new job soon which will push me into the higher rate tax band.
- I will likely need to complete a self assessment tax form to claim for the additional 20% tax relief on my pension contributions (a salary sacrifice scheme is not available)
Then why does it not say it on this page?
https://www.gov.uk/self-assessment-tax-returns/who-must-send-a-tax-return
I swear they want to trip you up.
Can I increase pension contributions to stay under the threshold?
Not always a great idea to opt out of the child benefits, if your other half isn’t working.
I continue to claim and subsequently pay back the benefit as this keeps my wife “earning” according to PAYE as such is still building her state pension pot.
I hate HMRC, every single interaction I have had with them has simply been nothing other than pure pain.
I have been given bad/wrong advice by their "support" staff every time.
I guess this is why people hire accounting help.
There is a limit
https://www.gov.uk/tax-on-your-private-pension
I get an email from HR every April about it
You usually pay tax if savings in your pension pots go above:
100% of your earnings in a year - this is the limit on tax relief you get
£43,662 in Scotland for 40%. Yet another SNP con
Everyone ITT trying to be Rishi Sunak and avoiding taxes.