Genre: Legal

Any further increases after this date will be at the discretion of the Government and will be announced nearer the time . Any personal contributions you make or any contributions paid by a third party on your behalf , will be paid net of the UK basic rate income tax applicable in the year the contribution is paid , providing that contributions meet the conditions set by HMRC . Any contributions paid by your employer , if applicable , will be paid gross . This means that no tax relief is due to you or your plan on these contributions however your employer may be entitled to claim tax relief .