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Salary sacrifice pension overpayment

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    #11
    It may be worth checking that you've no available carry-forward allowance, but you've probably done this already!

    I suppose worst case scenario is that you record the over-payment on your tax return and pay tax on it. There's information about this online, for example https://techzone.aberdeenadviser.com...wance#anchor_8

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      #12
      Originally posted by WTFH View Post

      Do you mean that you have already oversubscribed for the full year after only 7 months, or that you will have done if you keep paying at the current rate?
      If it is the latter, speak to the umbrella about not paying in to the pension.
      If it is the former, then you'd be best to speak to your pension advisor and maybe a tax advisor/accountant for the best way to resolve the situation.
      There isn't a "one size fits all" solution, but the professionals who you pay for advice should be able to help.
      Thanks, Yes already over. Reading the replies I think easier to declare and pay the tax on the over and above on my SA.

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