Q How can I increase pension contributions to mitigate higher rate income tax?
A. I will soon be moving into the higher tax rate and would like to avoid this if I can. Can I make extra contributions from my salary via my employer, or do I need to do this myself?
Arthur Weller replies:
You can do it either by making extra contributions from your salary, or by doing it yourself. If your workplace scheme allows it, you could: (a) do it through salary sacrifice; or (b) through the net pay arrangement.
