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Pension Tax Relief

Save up to £500/yr

What is it?

Contributions to your workplace pension receive tax relief at your marginal rate. If done via salary sacrifice, you also save on National Insurance. Even a 1% increase can be worth hundreds per year.

Who is eligible?

Available to all employees who pay income tax. Your employer must offer a workplace pension or salary sacrifice scheme.

How to claim

Speak to your employer about increasing your pension contribution percentage. Ask specifically about salary sacrifice if available.

View on GOV.UK