Can I make pension contributions if I don’t pay UK tax?
If you don’t pay tax you can still pay into a personal pension and benefit from basic rate tax relief (currently 20%) on the first £2,880 a year you put in. In practice this means that if you pay £2,880 the government will top up your contribution to make it £3,600. There is no tax relief for contributions above this amount – for non-taxpayers.
Why not contact one of our expert independent pension advisers today for a no obligation chat and discuss your pension options.