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Is contribution to Pension scheme regarded as ‘public funds’

Posted: Tue Feb 11, 2014 5:18 pm
by great.britain
Hi folks

A quick one:

My company will be running a Pension scheme for April 2014, as the UK government introduced legislation in Oct 2012. If I contribute 6 % of my salary to the pension plan, the employer will contribute 6% to my pension.

Breakdown of the contribution is a sfollows:

Company’s contribution = £100.00 per month
Employee’s contribution= £80.00 per month
Tax relief taken back = £20.00 per month
from HMRC
Total contribution = £200.00 per month

Will the tax relief taken back from HMRC be regarded as public fund? Will it result in the refusal of my ILR application I’m going to make in May 2014?

Your thoughts are welcome!

Cheers

Ali

Re: Is contribution to Pension scheme regarded as ‘public fu

Posted: Tue Feb 11, 2014 5:39 pm
by harshil223
it's basic idea join employer's pension scheme so that you can get some tax relief.
so i don't think its considered as public fund as you are merely saving tax which would have been applied to your pay if not used to buy pension.

i don't think there will be any problem or it will result in refusal.

Re: Is contribution to Pension scheme regarded as ‘public fu

Posted: Tue Feb 11, 2014 5:42 pm
by CR001
no it is not public funds

Re: Is contribution to Pension scheme regarded as ‘public fu

Posted: Wed Feb 12, 2014 10:59 am
by great.britain
Hi there

Thanks for your replies.

Cheers

Ali