Hi ladies
My hubbies adjusted net income is £99k as my husbands salary exceeds £100k and we stay below with pension contributions
he’s just found out he’s getting a £16k bonus… (not subject to pension contribution at work)
Do we need to pay £15k into a private pension pot to stay below the threshold for our 30free hours?
because we don’t get the full £16k as will be subject to a 40% tax???
We don’t have £15k to put into a private pension pot…?