Gordon is self-employed and he is a member of a registered pension scheme. His trading income for

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Gordon is self-employed and he is a member of a registered pension scheme. His trading income for tax year 2019-20 is £27,800 but this falls to only £2,500 in 2020-21.

(a) How much may Gordon contribute to his pension scheme in each year ?

(b) How much of these contributions would attract tax relief?

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Taxation Finance Act 2020

ISBN: 9781292360713

26th Edition

Authors: Alan Melville

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Question Posted: Feb 10, 2024 01:01 AM

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Gordon is self-employed and he is a member of a registered pension scheme. His trading income for

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a Gordon may make unlimited contributions to ...View the full answer

Taxation Finance Act 2020

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