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  • Tax

    S24 - pension contributions & childcare vouch

    Hello,

             Please could anyone with experience in the matter advise on whether any of the following effectively increase your tax free allowance, hence reduce the impact of S24 on your tax bill? If so, is it always the case or does it have to be entered in a specific way on your payslip? Just trying to put a spreadsheet together to assess the impact and hence what type of mortgage to go for! It doesn't half make things complicated!

    -Pension contributions

    -Childcare vouchers

    Thanks in advance

    Luke

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    Pensions can be used to extend your Tax allowance s especialy if you go into higher rate tax because ofS24

    but it all depends on your situation

    Self Employed ,Employed, or a full time landlord


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    Learn Change and Adapt ?????