The core reading mentions that a policyholder can receive tax relief on contributions up to £3,600 or their full taxable UK earnings if higher. What is the relevance of £3,600 here? If I say the policyholder receives tax relief on pension contributions up to their taxable UK earnings, how is this different from the above?
Hi If a person's full taxable UK earnings are less than £3,600 pa then they can contribute up to £3,600. Thanks Em