Personal stakeholder pension
Discussion
Hi all,
A very quick question, i am paying into a private stakeholder pension with Scottish Widows (Only a small ammount a month) and believe that i should be getting tax relief (22%) for this - is this right?
If so can i back date this to when i started the pension and claim back the tax i have been "overpaying"? is it just a case of sending off a statement from Scottish widows and a cover letter to the Inland revenue?
To clarify this is seperate from the work pension that i also pay into, and one that i set up on my own.
A very quick question, i am paying into a private stakeholder pension with Scottish Widows (Only a small ammount a month) and believe that i should be getting tax relief (22%) for this - is this right?
If so can i back date this to when i started the pension and claim back the tax i have been "overpaying"? is it just a case of sending off a statement from Scottish widows and a cover letter to the Inland revenue?
To clarify this is seperate from the work pension that i also pay into, and one that i set up on my own.
kojak said:
You are getting the tax relief already. You will be paying net of tax. Its also 20% not 22% (this changed a couple of years ago). If you are paying £80 per month by direct debit, you'll be getting £100 per month going into your plan.
Hope this helps
Oh right! I'll have to check my statement and make sure everything is as it should be. Hope this helps
Cheers for the help.
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