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What to change pension contributions to?

3 replies

Cannotmakeitwork · 26/01/2024 14:24

My husband has recently had a pay rise which takes him to £51k. I only work part time so he is by far the higher earner.

He’s also bought some extra holidays to help cover school holidays.

No idea how all this affects the child benefit. Do we now need to increase his pension contribution so we can still get full child benefit.

How do we work out what we need to increase the pension contibution to? It’s currently at 7%.

Or because he’s bought extra holiday does that take us under the threshold anyway?

Any help appreciated.

OP posts:
Qwertyfudge · 26/01/2024 14:26

with The 7% contribution he has already reduced his income under the CB threshold

titchy · 26/01/2024 14:31

7% of £51k is £3,570 which brings his salary down to well below the threshold...

Cannotmakeitwork · 26/01/2024 16:09

Perfect, so it’s it’s after salary sacrifice/pension etc that counts. Thanks for your help @Qwertyfudge @titchy

OP posts:
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