ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Is contribution to Pension scheme regarded as ‘public funds’

Only for queries regarding Indefinite Leave to Remain (ILR). Please use the EU Settlement Scheme forum for queries about settled status under Appendix EU

Moderators: Casa, John, ChetanOjha, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix

Locked
great.britain
Newly Registered
Posts: 28
Joined: Wed Jan 22, 2014 7:05 pm

Is contribution to Pension scheme regarded as ‘public funds’

Post by great.britain » Tue Feb 11, 2014 5:18 pm

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

harshil223
Member
Posts: 114
Joined: Sun Oct 28, 2007 11:42 am
United Kingdom

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

Post by harshil223 » Tue Feb 11, 2014 5:39 pm

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.

User avatar
CR001
Moderator
Posts: 88044
Joined: Thu Mar 08, 2012 10:55 pm
Location: London
Mood:
South Africa

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

Post by CR001 » Tue Feb 11, 2014 5:42 pm

no it is not public funds
Char (CR001 not Casa)
In life you cannot press the Backspace button!!
Please DO NOT send me a PM for immigration advice. I reserve the right to ignore the PM and not respond.

great.britain
Newly Registered
Posts: 28
Joined: Wed Jan 22, 2014 7:05 pm

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

Post by great.britain » Wed Feb 12, 2014 10:59 am

Hi there

Thanks for your replies.

Cheers

Ali

Locked