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Get your taxes done using TurboTax
Hi @pk
Thanks for your answer.
It is a employer pension not government and all employees are allowed to participate it.
There is a defined rule for employer contribution based on the percentage that each employee contribute from his/her gross salary
(i.e if employee participate with 4% + employer add an extra %5 / If employee raise it to 5%; employer percentage increase to 6% )
So if it is determined as a non qualified pension; does it mean that I can ignore the amount coming from the employer?
Either way; i won't be able to touch the pension until I become 65 and will pay its tax in UK when I try to get it
Thanks
‎April 5, 2020
11:28 AM