Pensions Line - Amendment

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  May 2018

Annual Allowance 2017 /18

We understand that the email address in the full edition was incomplete so please note the corrected address…


The annual allowance calculations will shortly be due for the year 2017/18 for all scheme members currently contributing.

We have identified two categories of members that we consider may potentially breach the current HMRC limit of £40000. For employees that fall into either of the two categories (see below), please arrange for the linked spreadsheet to be completed fully and returned to us by 6th July 2018, or as soon as possible.

We understand that the email address in the full edition was incomplete so please note the corrected one…

Please send the data titled ‘Annual Allowance 2017/2018’ to our secure mailbox at:

finance.additionalbenefitssecure-mailbox@devon.gcsx.gov.uk

You may also use this mailbox for queries relating to the spreadsheet and Annual Allowance. 

The categories are:

  • Employees who receive an annual salary of £90,000 or more per year, or
  • Employees that have had an increase in salary over the last year of £5,000 or more.

It is probable that it will still be necessary to request further pay information for other employees that have differing circumstances, but we hope that by providing these details annually from now on, these requests will reduce in number.

Contacts

Employer Liaison Team

Investments


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PP Website - Employers Pages

PP Website - Employers Guide

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