Pension Premiums

2013/14 and 2012/13

  • Tax relief available for personal contributions: higher of £3,600 (gross) or 100% of relevant earnings.

  • Any contributions in excess of £50,000, whether personal or by the employer, may be subject to income tax on the individual.

  • Where the 50,000 limit is not fully used it may be possible to carry the unused amount forward for three years.

  • Employers will obtain tax relief on employer contributions if they are paid and made ‘wholly and exclusively’. Tax relief for large contributions may be spread over several years.

Contact us today to arrange a free initial meeting with John Galley to discuss your requirements.



How can we help?

We are a proactive firm of accountants who can assist you in all your financial needs in a friendly, efficient and professional manner.

Building partnerships, listening to your needs, and implementing a solid financial strategy is the backbone of our practice. 

Why work with us?