Pensions

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:25AM in AAT student discussion
Whats the deal with private pensions?

I understand employment pensions are just taken away from taxable income, but what about private?

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pensions

    Hi Pele.

    They are grossed up and used to extend the basic rate band.

    Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pensions

    By 22% ?
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pensions

    Yes - 100 over 78.

    Scott.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pensions

    Cheers mate
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:Pensions

    i don't get this at all???? yeeks and i sitting it tommorro

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