Skip to content

Ask the Tutor ACCA TX-UK

Pension - contributed vs paid

Former userFormer user9y ago

[Content removed at user request]

TTTax Tutor9y ago#1
When a person pays into a personal pension scheme the payment / contribution is ALWAYS paid net and therefore the gross figure must be computed! In some questions however it states next to the amount in brackets (gross) meaning that they have already grossed up the amount paid/contributed Contributions into occupational schemes are paid gross!
Sign into reply to this topic.