Contributions

I’ve been auto-enrolled since my employer’s staging date. Can I now take a contribution holiday?

Yes, you can cease paying contributions to the pension scheme at any time. This means your employer is no longer …

View full answer >>

I’ve been on long term sick from my employer and am no longer being paid by them. I’ve received a late payments letter so should my employer still be paying contributions?

  Please contact your employer to confirm whether they should still be making contributions for you (some employers will while …

View full answer >>

Can I still pay into the scheme if I move overseas?

  Yes, you can receive tax relief on contributions up to £3,600 a year gross for 5 tax years after …

View full answer >>

What’s the annual allowance?  

  The annual allowance is a limit to the total amount of contributions that can be paid into a defined …

View full answer >>

If I’m going on long term sick, what will happen with my contributions? Will they continue and does my employer still have to pay?

Contributions can continue to be paid into your pension pot based on the pay you’re actually receiving. If your sick …

View full answer >>

What counts towards my lifetime allowance?

The lifetime allowance is the total value of benefits that you’ve built up in all your pension schemes, excluding your …

View full answer >>

Is the £40,000 annual allowance gross or net?

This is the gross amount including tax relief.

View full answer >>

If I want to use carry forward to pay a contribution, what forms do I need to complete and do I need to notify HM Revenue & Customs?

You don’t need to use a special form or tell HM Revenue & Customs in advance if you want to …

View full answer >>

My employer is deducting contributions before tax is taken from my wages. If I don’t earn enough to pay income tax, how do I claim tax relief on my contributions?

If your earnings are below the annual income tax personal allowance (£12,570 in the 2022/2023 tax year), as your employer …

View full answer >>

Am I able to carry forward unused allowance regarding pension contributions from previous tax years?

Carry forward allows you to make use of any annual allowance you may not have used during the 3 previous …

View full answer >>