How-to Guides » Cut your tax bill by thousands

Check your pension contributions

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Pension contributions attract tax relief, which either reduces your tax bill or boosts your pension fund. Therefore, it is vital that you properly report every pension payment to HMRC.

If your pension contributions are deducted through your employer's payroll, then you shouldn't have to worry. However, if you are self-employed or make extra contributions into a personal pension, then be sure to tell the taxman about these.