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if a pay into a Dutch pensions scheme can I get tax relief?

by denny 18 May 2010 |

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MikeGG1 posted
Is it a company pension scheme? If so, the contributions should be deducted from income before tax so you get your tax relief that way.
Mike
Posted on 18 May 2010 | Love 0 loves Report
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denny posted
Hi there, thanks. It is a company pension scheme, however, as its a foreign scheme, im told that due to some double tax treaties or something to that extent, I cant claim the tax relief. If it was a UK pension, it wouldnt be an issue.
Posted on 18 May 2010 | Love 0 loves Report
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MikeGG1 posted
That seems strange to me as it would appear to be discriminatory.
Are there many UK employees? Could it be done under salary sacrifice instead? That would cut NI conts as well.
Mike
Posted on 18 May 2010 | Love 0 loves Report
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dd posted
The simplest answer is a question : is the pension scheme approved under HMRC rules? Unfortunately, I suspect not (which means no tax relief) ...
Posted on 18 May 2010 | Love 0 loves Report
824

MikeGG1 posted
By salary sacrifice, you wouldn't be paying any contributions. The employer would. There would then be no need to obtain tax relief.
Mike
Posted on 18 May 2010 | Love 0 loves Report
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denny posted
thanks for that. Will look into the salary sacrifice option and see what it brings up.
Posted on 19 May 2010 | Love 0 loves Report

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