mu husband is about to join his new employers pension scheme, employee contributions are 3.4%, employers are 2.5%. The info says that this scheme attracts full tax relief on contributions, I take that to mean that the contributions are deducted BEFORE tax is calculated on his monthly salary - am I correct in thinking this please? and also am I right in thinking that the 11% NI is calculated on the full monthly salary amount before pension contributions are deducted? Hope that makes sense!
Cheers!
Lu