Contractor Among Contractors
You can carry on paying in personally and LV will reclaim the tax as normal _but_ only up to to 100% of salary.
Originally Posted by markm
Presumably you are contracting through your own Ltd. Your company can pay directly into the pension out of pre-tax profit and this would reduce the corp tax accordingly. If you do this then be sure to inform LV so that they don't reclaim the tax as well! The limit is max £40k total including personal contributions.
Important factors are current salary/dividend split, and whether you have received any PAYE income from previous employment or made any contributions this tax year.
Would be a good idea to check with your accountant to get the answer suited for your circumstances.