Maximise Tax Relief on Pension Contributions in the UK, Accountants & Accountancy Services in Gants Hill, London
If you want to save on tax while boosting your retirement savings, pension contributions are your best bet. In the UK, you can claim tax relief on contributions up to your annual allowance (£60,000 for 2024/25) or 100% of your earnings (whichever is lower). You’ll get basic-rate relief automatically, while higher or additional-rate taxpayers can claim extra through a self-assessment tax return.