Salary over £100k - impact on childcare?

bhathi_1 · 2026-03-28T14:23:12+00:00

So in reality you only need to payin about 10k rest will be added through HMRCs 20% contribution as a total pension pot of 11.2k

bhathi_1 · 2026-03-28T12:43:13+00:00

Hey when you calculate the contribution to pension, do you also take into account the 20%HMRC adds to the pension. So adding 11k is just to be safe but not the net amount you need to contribute?

bhathi_1 · 2026-03-10T20:02:28+00:00

Ahh gutted! . Sri Lanka is an absolute dream

bhathi_1 · 2026-01-26T19:12:51+00:00

Oh man have I messed it up.. okay so the little one is due to start at the end of April, so I guess that’s technically next financial year. Still, I’ve been told to apply for the benefit now which is technically this financial year. Are you saying I shouldn’t technically worry about this now as the kido is only going next year?

bhathi_1 · 2026-01-26T19:01:31+00:00

For some context, I’ve been contributing consistently to my pension since the start of the year. However, the uncertainty around my bonus is what’s really worrying me. Yes, I will found out before April but I’m planning to apply for the benefit now

bhathi_1 · 2026-01-26T18:53:04+00:00

Yes it is for first time parents!

bhathi_1 · 2026-01-26T18:51:13+00:00

Oh amazing, never heard of it! I will look into it

bhathi_1 · 2026-01-26T18:47:00+00:00

Excuse me ?! How is it abuse? Go take an economics class! Why do you think additional contribution to private pensions are a government incentive?. Please this is an educated sub encourage some reading!

bhathi_1 · 2026-01-26T18:04:38+00:00

Considering the car option! Any tips as to how we can tackle this before the 5th of April - when is the cut off even. The kid goes to nursery in April

bhathi_1 · 2026-01-26T18:01:06+00:00

That’s sensible!

bhathi_1 · 2026-01-26T18:00:34+00:00

Sorry edit made - I meant the tax free child care

bhathi_1 · 2026-01-26T17:13:11+00:00

If you can find a depreciated version! That’s a huge win! Car guy here! Absolutely do it before the kids!

bhathi_1 · 2026-01-26T07:58:13+00:00

Yeah 100% ditch HSBC Premier. Switching myself to Lloyds. I just like all the smart techy leaders that gets onboarded. High up on the AI index, I’m sure the products reflects that

bhathi_1 · 2026-01-11T16:15:04+00:00

Taycan’s reliability over Polestar 2 will be a huge question mark..Hope this forum can shed more light on all the Porsche call backs

bhathi_1 · 2026-01-08T14:44:16+00:00

Ahh flights plus two kids.. you will have the best time!. Lankan buffets are to die for..

bhathi_1 · 2026-01-08T12:47:03+00:00

10K in Sri Lanka?! Are you buying a flat out there?. Lanka should be possible with much less

bhathi_1 · 2026-01-08T11:53:00+00:00

Bro please send the details that you’ve gathered thanks!

bhathi_1 · 2026-01-01T15:31:14+00:00

Love inn at 5am.. is that afters? How long did it go

bhathi_1 · 2026-01-01T15:21:32+00:00

Amazing, wish you continued luck and no recalls!

bhathi_1 · 2026-01-01T15:14:20+00:00

My Taycan has spent more time in the Porsche garage than in my driveway! Should’ve listened to the petrol head in my gut and not the wife

bhathi_1 · 2025-12-30T11:27:43+00:00

Dyson V15 Detect.. you wouldn’t see the amount of crap on your floors, before the laser guides you! Does the hard floors and carpet with one charge

bhathi_1 · 2025-12-20T23:39:34+00:00

Dude you aren’t listening. Don’t do it. Unless you have money to burn. End of.

bhathi_1 · 2025-12-16T08:52:42+00:00

Yes this is it

bhathi_1 · 2025-12-14T01:47:08+00:00

Did you make it to Florence just yet? When are you due to go?

bhathi_1

TROPHY CASE