News & Important Dates

Pension Payments 2021 deadline

Personal pension provision.

Each individual may make a personal pension contribution of £40,000 each year out of taxed income, provided their adjusted income is less than £150,000 pa, whilst carrying forward any unused allowance for three years.   

For personal pension contributions, Thursday 1st April is the last day in the current tax year, that online contributions can be made. The funds must be cleared and in the pension companies bank account before the end of the tax year.

The calculations can get complicated so you should consult your pension advisor .  

 

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