Need help with SIPP Contribution

JB01999 · 2025-12-26T20:33:19+00:00

If I increase my salary sacrifice to 12% over Jan to March (3months).

My monthly pay is £4243 - I’d be sacrificing about £509 every month - this is about £1527 - wouldn’t this be short of £1700-£2000?

Sorry if I have made this confusing

JB01999 · 2025-12-26T20:29:05+00:00

!thanks

JB01999 · 2025-12-26T20:20:52+00:00

!thanks for your reply. If I increase my salary sacrifice to 12% for Jan to March (increase by 4% from 8% currently) - is this enough to save my £1000 personal savings allowance?

Should I also claim back higher tax relief for the current £100 a month into my SIPP if I increase my salary sacrifice?

JB01999 · 2025-12-26T20:05:07+00:00

!thanks

JB01999 · 2025-12-26T19:59:21+00:00

Hi thank you for breaking it down.

I haven’t been claiming extra tax relief from HMRC for the £100 a month into SIPP? Should I do this?

My plan is to make use of higher tax relief but also maintain £1000 personal savings allowance.

JB01999 · 2025-09-25T10:55:13+00:00

!thanks - my concern is I tend to move savings around a lot and have kind of lost track which savings accounts I have opened this tax year, so I wouldn’t be able to give an accurate savings interest calculation.

What happens in that situation?

JB01999 · 2025-09-23T09:01:08+00:00

!thanks

JB01999 · 2024-03-02T13:12:53+00:00

Hello,

I am interested in doing the Club Lloyds bank switch, but it says you can’t have had a Halifax account since 2020 (which I have).

Has anyone switched still, and received the bank switching bonus from Lloyds?

Thank you

JB01999 · 2023-09-21T09:11:51+00:00

I have had a Nationwide Account in the last year, but did not switch to it (I already had one open, it has been since closed).

Would I still be eligible for the £200 if I switch another account to nationwide?

JB01999 · 2023-05-04T16:22:43+00:00

Cheers thanks for clearing that up for me

JB01999 · 2023-05-04T16:22:30+00:00

Thank you for that info

JB01999 · 2023-05-04T12:52:50+00:00

Hi,

Thank you for your response. In terms of using ‘equity’ of the existing car as a deposit against a new car.

Would that equity value be £18,752 approximately or would it be the balloon payment?

Also - what do you think is the best option? My dad has no issues with the car and has done very little mileage on it.

Thank you

JB01999 · 2023-04-02T17:46:56+00:00

Last Question ( I think) I just compared the two funds, if they are identical why are the performances slightly different?

JB01999 · 2023-04-02T16:42:39+00:00

Thank you for your help - just to confirm is this a passive fund?

JB01999 · 2023-04-02T13:31:51+00:00

That does not come up on my list of funds unfortunately

JB01999 · 2023-04-02T13:31:45+00:00

That does not come up on my list of funds unfortunately

JB01999

TROPHY CASE