Explain how Darcy would get tax relief related to his pension contribution.
For the tax year 2019/20, Darcy has a trading profit of £158,000. During the year he made personal pension contributions of £30,000 and a net gift aid donation of £8,600. Ahmed Ahmed had a salary of £52,500 and saving income of £1,800. His employer has deducted £7,800 in PAYE from his earnings. Ahmed also acquired […]