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## Analyzing Pension Contribution Repayment in Self-Assessment

Hi all,

Like many individuals, I made a one-off contribution to my pension last tax year. I’m currently in the process of filling out my self-assessment and would appreciate some insights on whether you think the repayment amount appears to be accurate. It seems to me that the repayment amount might be slightly lower than what I anticipated.

### Higher Rate Taxpayer’s Situation

As a higher rate taxpayer, I am part of a salary sacrifice scheme where I contribute 6% of my income, matched by my employer’s contribution of 10%. Upon checking with HR, I was informed that my 6% contribution is “fully received through payroll” and therefore does not require me to claim higher rate relief through self-assessment.

### Detailed Financial Figures

From my P60 forms, the figures show:
– Tax code: 1249L
– Gross income: £105,518
– Tax paid: £29,667
– National Insurance LEL: £6,396
– National Insurance above LEL: £6,180
– Above Primary Threshold: £37,692
– Employee contribution above PT: £5,439
– Benefit in Kind: £300

### Significant Pension Contribution

I made a significant contribution of £48,000 to my pension account, which was subsequently topped up by the provider to a total of £60,000.

### AI Legalese Decoder’s Assistance

The AI Legalese Decoder can be immensely helpful in this situation by quickly analyzing the complex tax codes, calculations, and pension contribution details to ensure accurate interpretation. By using this tool, I can efficiently navigate through the intricacies of my self-assessment form and potentially uncover any discrepancies in the repayment amount.

### Conclusion and Request for Guidance

In my self-assessment, I have entered all relevant salary information, Benefit in Kind details, and the gross pension contribution of £60,000. However, my tax calculation indicates a repayment of £11,018, leaving me slightly puzzled. I believe there might be a possibility of being eligible for a higher tax refund, potentially amounting to £918. I am particularly curious about the accuracy of my tax code and whether HMRC may be under the impression that I have underpaid tax. This tax year marks my first instance of making a significant pension contribution, which adds to my confusion.

I would greatly appreciate any insights or guidance on this matter. Thank you for your assistance.

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