Hi All,
Can someone tell me how to declare workplace pension contributions on self employed self-assessment. For example say;
Courier self employed;
Sub -total = £2647.97
Employer Pension contribution = £60.15
So Gross earing = £2708.12
minus
Courier pension contribution = £100.25
Employer pension contribution = £60.15
Net paid to Courier = £2547.72
I have taken the net figures times by 12 months and declared as total income, which I believe to be incorrect.
What should I be declaring ? Gross earnings times 12, then claim tax relief Box3 for both er &ee contributions ?
or Sub-total time 12 and claim tax relief on employee contributions only ?
Thank you all in advance.
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