Contributions
If I increase my contributions, can I get my personal allowance back?
Contributing to your pension pot reduces your taxable income and can give you back some or all of your £12,570 …
Do I still pay contributions if I’m on paternity leave?
Contributions can continue to be paid into your pension pot. The employer should pay the contributions based on your pay …
Do I still pay contributions if I’m on maternity leave or paternity leave?
There are rules in place which determine how much you and your employer should contribute to your pension scheme during these periods …
What’s tax relief?
For more information about tax relief, please visit our pension tax webpage.
What’s the maximum amount I can pay into my pension pot?
You can pay as much as you like into your pot, but there are limits to how much tax relief …
How much should my employer contribute?
Your employer has to pay a minimum of 3% on what’s known as qualifying earnings into your pension pot. This …
What’s the minimum amount that I can pay into my pension pot with The People’s Pension?
The minimum total contributions under auto-enrolment have been set down by the government and have increased in stages. The minimum …
Are there any disadvantages of salary sacrifice?
You need to consider the following possible downsides of salary sacrifice: Lower life cover (this is because employers generally work …
If I leave the UK can I continue paying into my pension pot?
Yes, you can receive tax relief on contributions up to £3,600 a year for five tax years after moving …
How is the tax relief applied to my pot with The People’s Pension?
Every time you pay into your pension, the government will let you hold on to some of the tax you would’ve …