Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hi, I am one of the experts. I will come back to you little later, plz bear with me.
Actually I am stuck some where.I will come back to you in few hours.
Is It fine for you?
My name is Sam and I am one of the UK tax experts - might I ask how much you wish to put into the SIPP ? As your maximum amount allowable for relief is £8000 (£40,000 or 100% of your net earned income whichever is the least ) Thanks Sam
The maximum you can put on to qualify for tax relief is £8000 I am afraid - Thanks Sam
No I am afraid not - as you are exceeding the annual allowance and no company providing SIPPS will allow this - as they need evidence of your annual earned income position
Can I assist further- thanks Sam