Quick question - just completing self for director - mix of salary/dividends, not quite into 40%. (£30K SALARY, £2.5K DIVIDEND)
During 17-18 he took a pension lump sum (more than 25% of fund value) and paid tax on the remaining at the time at just below 40%. He received a P45 for this (£19k gross, £7k tax paid).
I am not sure how this is treated on the tax return. any help much appreciated. He's asked me if he can get a tax refund relating to the tax paid on pension as he wasn't a 40% tax payer during the year. Which box on tax return does this income and tax paid go?
I can't see anywhere in taxcalc to put this info.