During the year to 31 May 2020, an employer made contributions of 400,000 into a registered pension
Question:
During the year to 31 May 2020, an employer made contributions of £400,000 into a registered pension scheme. Explain how tax relief will be given on the contributions made during the year to 31 May 2021 if the amount of these contributions is:
(a) £800,000
(b) £920,000
(c) £1,000,000
(d) £2,640,000
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a The current year contributions are 200 of those for the previous year This does not exceed 210 so ...View the full answer
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