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Status Future consideration
Categories Pensions
Created by Stacey Hendry
Created on Nov 7, 2024

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Relief at Source Pension AVC Calculation

If someone is in a relief at source pension scheme, the pension scheme calculates the 20% tax relief correctly, however if they have an AVC then tax relief is not calculated on the AVC. The same rule should apply to the AVC as that employee’s pension set up

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    AVC contributions not applying tax relief and not exporting to People’s Pension file

    Currently, AVC (Additional Voluntary Contributions) entered into Staffology are not applying tax relief, which misrepresents actual contributions for both employer and employee records. Furthermore, when generating the pension export file for Peop...
    Kelly Loh about 1 month ago in Pensions 0 Future consideration