Combined gross contributions as % salary

This should be the combined % of your personal contributions (grossed up for tax relief) and your employer's contribution.

For example, if you earn £60,000 pa and pay £500 a month net into a personal pension. Your pension provider will normally reclaim basic rate tax of 20% on your behalf (500/0.8) which would provide a gross contribution of £625. This would provide a gross contribution rate of 12.5% (625*12 / 60000). 

If your pension contributions are deducted from your salary before tax, you should use the amount deducted as your gross contribution.


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