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Paying into pension and tax credits

2 replies

Itsallaboutme3 · 16/07/2015 18:50

I have recently started paying into work pension, around £80 a month, do i need to let hmrc knoww regarding working and child tax credit and will it affect it? Thanks

OP posts:
Indantherene · 17/07/2015 17:08

Yes and yes.

lougle · 17/07/2015 17:20

Only if the contributions are deducted from your net salary. If they are deducted from gross salary then your P60 will show the taxable pay as your gross pay-pension.

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