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If you put it in a SIPP or similar, the SIPP provider will have claimed 20% back for you and added it to your total. HMRC will then give you the other 20% back as rebate or offset it against other tax you have to pay.
But if you earn 60k for example and put 20k in a pension, you will get 20% of it added to your SIPP, but only get the extra 20% rebate on the amount over £50,200 that you paid 40% tax on.
cjr
@Brun
I got in touch with HMRC recently to claim higher rate tax relief on my pension contributions. Unless I'm mistaken about how this stuff is calculated they've massively short-changed me, but am struggling to figure out how I can resolve it without employing an accountant.
Regarding private pension contributions, I get the 20% basic rate relief applied automatically but should I still expect another 20% back?
When I put the numbers into this calculator it says "As a 40% higher rate taxpayer you can claim back up to an extra £****"
The amount corresponds to 20%, but I don't understand when 'up to' might mean less than that.