“If an employee in the UK contributes £2,000 (net) to their personal pension, and their employer contributes £7,000, how much will the employee’s income tax be reduced as a result of these contributions?
My question: only the employee gross contribution into PPC is deducted right? The employer contribution only in occ pension counts not in PPC right?
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Personal pension
Only the employees dedcution is allowable against the employees tax.~The company will get a dedcution from the CT comp for what they contribute
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