You'll only see tax relief for your pension contributions if you pay tax at the higher rate.
You make pension contributions net of basic tax. If you are a basic rate taxpayer, you receive tax relief in the form of HMRC topping up your payment by 20%.
You get the tax relief automatically if your:
For example: If you pay £80 into your pension fund your actual contribution will be £100.
If you pay tax at the higher rate of 40%, you'll receive additional tax relief of 20%. When you pay into your pension fund your basic rate band is extended by the gross amount of the contribution so that more of your income is taxed at 20% rather than 40%.
The calculations can be seen in step 4 of the TaxCalc Summary (Summary > TaxCalc Summary).
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