Money into wife's workplace pension
Money into wife's workplace pension
Author
Discussion

pauljdh

Original Poster:

215 posts

194 months

Thursday 20th January 2022
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Am I correct in thinking that I could put 30K into my wife's pension (she's a part time worker and its a very small one) and the account be credited with 37.5K? (she's a 20% tax payer). Does the credit happen immediately or is there a process with HMRC?

Im retired so can't add anything to my own pensions, she'll retire later this year so this is our last chance to do something like this.

Pension fund is with AVIVA.

Thanks
Paul

supersport

4,639 posts

257 months

Thursday 20th January 2022
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Assuming that she earned £30k this tax year then yes

thekingisdead

320 posts

163 months

Thursday 20th January 2022
quotequote all
Assuming she earned £37.5k this tax year - yes.

It’s the gross contribution (with tax grossed back up) for your annual allowance (of £40k)