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Pensions – Why higher rate taxpayers don’t (always) get 40% tax relief

15 Aug 24 87 min watch

The pensions landscape has changed somewhat dramatically over the years (Pensions Freedoms, LTA abolition, tapered Annual Allowance etc.) but one thing that has remained fairly constant is the operation of pensions tax relief. In a world of high tax, the benefits of pensions tax relief are myriad.

In this session, Mark Devlin from M&G Wealth’s Technical Team will look at how tax relief operates for individuals, third parties and employers, and will talk through case studies which will help to explain how better outcomes for clients can be achieved.


Mark Devlin (Senior Technical Manager, M&G Wealth)

Les Cameron (Head of Technical, M&G Wealth)

 

90 minute video (approximately)     I     Structured CPD accredited by CII and CISI 

Download the slides   Visit the Q&A

Claiming your CPD

To claim your CPD certificate, test your knowledge with the questions below.

Write down your answers to each of the following questions and check your answers when you click to claim your CPD certificate on the link below

1.      Pensions tax relief is limited by

a.      Annual Allowance

b.      Total income

c.      Relevant Earnings

d.      The Lump Sum Allowance

1.      The form of tax relief that adds basic rate relief to a pension contribution is?

a.      Net Pay

b.      Relief at source

c.      Relief on making a claim

d.      Tim apportionment relief

2.      What is the maximum tax relief a Ltd company can get for making a pension contribution

a.      19%

b.      25%

c.      26.5%

d.      40%

1.      Pensions tax relief is limited by:

a.      Annual Allowance

b.      Total income

c.      Relevant Earnings

d.      The Lump Sum Allowance

2. The form of tax relief that adds basic rate relief to a pension contribution is:

a.      Net Pay

b.      Relief at source

c.      Relief on making a claim

d.      Tim apportionment relief

3. The maximum tax relief a Ltd company can get for making a pension contribution:

a.      19%

b.      25%

c.      26.5%

d.      40%

Before collecting your certificate, please take a moment to provide us feedback on this session, please email prudential.distribution.team@prudential.co.uk

Complete the form below and we’ll email your CPD confirmation to you. Please use the email address that you would usually use when contacting us.

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M&G Wealth is a trademarked brand of the M&G plc group which encompasses M&G Wealth Advice Limited, M&G Wealth Investments LLP and Investment Funds Direct Limited. The legal entities under the M&G Wealth brand also work alongside The Prudential Assurance Company Limited, Prudential International Assurance plc and Prudential Distribution Limited in relation to the provision of certain products and services. To understand more about our businesses and brands, you can view the corporate and regulatory information for the aforementioned legal entities.