Topping up employer's pension scheme

[Participant]

Hi all

I have various employer's pension scheme pots and would like to top up the current one from various savings sources including an ISA .

Does this get complicated in terms of tax relief? Am I right in saying that when I make the contribution the provider will automatically top up my contribution by 20% basic tax rate and I will then have to claim relief on the rest through tax return?

Am I any worse off by making personal one off contributions rather than doing it through my employer's salary sacrifice process?

Many thanks.

 

[Participant]

Thanks for the above thoughts all. I already do self assessment so it sounds like the process is to claim the additional above basic relief via my self assessment return.

Why would you move funds out of the ISA for this? You've paid the tax on it already so would just be locking it away in a pension. On the other funds for the one-off payment you can do this and declare on SA to do this like EvilRob said.

To bring my gross earnings down enough to avoid losing my personal allowance.