2 articles tagged with Higher Rate Relief.
Payroll Giving donates from your gross salary at your full marginal tax rate immediately. Gift Aid donates from net income and requires higher-rate taxpayers to reclaim relief via Self Assessment. Compare both for 2026/27.
A sole trader earning GBP 60,000 pays Class 4 NI and higher-rate tax, but a GBP 10,000 SIPP contribution can reclaim GBP 2,000 of higher-rate relief on top of the basic 20% added at source. Here is the full worked example for 2026/27.