11min chapter

The Martin Lewis Podcast cover image

Call centre staff secret tips & unpleasant issues: wills, power of attorney & more

The Martin Lewis Podcast

CHAPTER

Pension Contributions and Tax Relief

In this chapter, the hosts discuss the tax relief on pensions and the effect of losing £100 from your pay packet. They explore whether a certain deduction from pay is an employer contribution, a tax, or both, and discuss the potential employer contribution and tax gain by the end of one's working life. They highlight the benefits of the auto-enrollment system and provide financial tips and warnings.

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