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Can I pay into a personal pension as well as a company pension in the same tax year?

14 December 2021

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Question by Iain

Can I pay into a personal pension as well as a company pension in the same tax year?


Answered by Kris Amliwala

Hi Iain

Thanks for the question. Yes, you can, you just have to be mindful of the annual allowance (£40,000) and lower of net relevant earnings caps to make sure you don't put too much into pensions in total during the tax year.

Hope this helps?

Answered by

Kris Amliwala

Chartered Financial Planner

I really enjoy helping people align their wealth to their life goals and ambitions. By first spending time in understanding you, your life and your goals, before looking at cashflow planning and then if needed, any financial solutions, I find delivers the most rewards.