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Occupational Pension Vs Personal Pension

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Occupational Pension Vs Personal Pension

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by AvatarTax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 4, 2016 at 1:15 pm #353702
    AvatarCKLP
    Participant
    • Topics: 20
    • Replies: 27
    • ☆

    Dear Sir,
    Could you please clarify that “Occupational pension is deducted from total income, whereas in case of Personal pension, the contribution is not deducted from total income instead the benefit is given by expanding basic and other limits by the gross amount of personal pension contribution.” Weather this statement is true or not?

    Thanking you

    December 6, 2016 at 1:24 pm #354479
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

    Essentially correct but the occupational scheme contribution is specifically deducted from the employment income figure within the total icome

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