
Pension tax relief explained…using Christmas cake!
Pension tax relief can feel confusing, but this Christmas cake analogy makes tax bands and pension contributions much easier to understand.

Pension tax relief can feel confusing, but this Christmas cake analogy makes tax bands and pension contributions much easier to understand.

If you’re a higher-rate or additional-rate taxpayer, you may be owed extra pension tax relief that isn’t added automatically. Here’s how to claim it through a Self Assessment tax return.