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I pay into a pension, which seems like a good idea as my company match my contribution up to 5% and my payment is offset against tax. Now I'd thought that this off-settting happened automatically, but learned a couple of days ago that it does not - I need to inform HMRC.
I take it the 'my company' bit means you're doing this through paye?
I've been paying into a pension since I started my current job 5 years ago, wonder if I've over paid...
M_V
I pay into a pension, which seems like a good idea as my company match my contribution up to 5% and my payment is offset against tax. Now I'd thought that this off-settting happened automatically, but learned a couple of days ago that it does not - I need to inform HMRC.
Apparently the way to do this is to enter the figure I paid into the box marked:
"Payments to registered pension schemes where basic rate tax relief will be claimed by your pension provider (called ‘relief at source’). Enter the payments and basic rate tax"
But I can't find that on my self assessment form when I try to amend it - am I looking in the wrong place?