How to get the most out of pension tax advantages
By Cristian Angeloni, 3 Feb 22
Personal finance experts share 10 tips savers should be aware of
Non-taxpayer relief
“Even savers without earned income who don’t pay tax – such as a spouse who isn’t employed or children – can still pay into a pension and receive 20% tax relief,” Lowery said.
“In this case, the ceiling on annual pension saving is £3,600, made up of your contribution of £2,880 and the taxman’s contribution of £720.”
Tags: Pension
