Working inside IR35 for the Public Sector.
Obviously, my taxes have increased significantly.
I have weighed up the option of putting money on my mortgage (net of tax) or making additional pension contributions...At the moment I have not been making pension contributions because I made the opposite decision (to pay down the mortgage) when I was outside IR35.
So, how do I make pension contributions inside IR35 where my agency (or their accountant) deducts tax at source? Do I have to make them net of tax and claim the tax on my self-assessment? Or can I get the agency to take it into account?
Thanks.
Obviously, my taxes have increased significantly.
I have weighed up the option of putting money on my mortgage (net of tax) or making additional pension contributions...At the moment I have not been making pension contributions because I made the opposite decision (to pay down the mortgage) when I was outside IR35.
So, how do I make pension contributions inside IR35 where my agency (or their accountant) deducts tax at source? Do I have to make them net of tax and claim the tax on my self-assessment? Or can I get the agency to take it into account?
Thanks.
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