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Opentuition question 19 Renner

This topic has 1 reply, 2 voices, and was last updated 12 years ago by Stacey.

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November 26, 2012 at 12:40 pm #55765
irina7811
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Why the basic tax band is not extended with the gross ammount of the personal pension contribution?
November 28, 2012 at 9:02 pm #108765
Stacey
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Irina,
You only extend the basic rate tax band when there is a PERSONAL pension contribution. In this instance it is an OCCUPATIONAL pension contribution, for that you deduct the amount from employment income in the Income Tax computation, that is how relief is obtained.
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