• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

Pension – contributed vs paid

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Pension – contributed vs paid

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • December 2, 2016 at 8:58 am #353099
    Chandan
    Member
    • Topics: 24
    • Replies: 36
    • ☆☆

    For personal pension scheme, I have noticed difference in the treatment of the pension contusions according to what terminology is used I.e paid or contributed. I have noticed that where it is mentioned that the amount is contributed the amount is not being grossed up and when it is mentioned that it is paid then it is being grossed up.

    So is it correct to understand that it when a person contributes into a personal pension scheme then it is gross and no adjustment is required and if a person pays into a personal pension scheme then it’s net and needs to be grossed up?

    December 4, 2016 at 11:37 am #353673
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    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!

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • RashidMh on MA Chapter 1 Questions Accounting for Management
  • John Moffat on Relevant Cash Flows for DCF Relevant Costs (example 1) – ACCA Financial Management (FM)
  • John Moffat on Accounting for Management – ACCA Management Accounting (MA)
  • Hsaini on Accounting for Management – ACCA Management Accounting (MA)
  • kennedyavege@2023 on Relevant Cash Flows for DCF Relevant Costs (example 1) – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in