Women & Money Cafe Podcast

Tax relief is one of those phrases that gets thrown around anytime pensions comes up.

You probably know it’s the thing that makes pensions soo good for saving in.

But what exactly is tax relief? And how does it work?

Good news! In this episode we are going to walk through exactly how it works if:

  • You are a non-tax payer
  • You are a basic rate tax payer
  • A higher rate tax payer or additional rate tax payer
  • A limited company director
  • Your company uses salary sacrifice

3.59: An overview of what it is

5.56: I don’t pay tax, can I still get relief?

8.49: Tax bands explained

9.37: How it works for basic rate tax payers

11.12: Relief at source method

11.54: Net pay method

16.25: How does it work if I pay higher rate tax? 

31.25: Salary sacrifice explained

34.30: How much tax relief can I claim?

35.44: Limited company directors

Here’s the link to the template letter for higher rate tax payers to reclaim previous years relief.

Catherine Thomas-Humphreys is an independent financial adviser, will writer and certified financial coach.
Catherine works with parents to financially empower them to raise up their family, in particular families undergoing change or complexity including blending, separating, single & co-parenting.

She founded #TheFinfluencer during lockdown to support and empower those feeling fearful or overwhelmed with their financial situation and focusses her work on creating positive relationship with your money, yourself, and those you love. 

Catherine’s bitesize money tips – Instagram
Financial coaching – The Finfluencer

Julie Flynn is an experienced independent financial adviser and financial coach. Justice and equality drive Julie. Which is why she’s spent years studying and researching how stress affects our financial decision making.

She uses her years of experience and research to support women experiencing or planning significant change in their lives. 

Julie is best known for her work with women who have lost their partner and coaching financial services business who want to implement fair and transparent charges.

Financial coaching – Ebb & Flow Financial Coaching
Financial advice – Bree Wealth & Tax
Julie’s inexpert social media antics – Instagram



Michelle Lambell is a Chartered Financial Planner & Certified Financial Coach specialising in retirement planning advice, pensions & investments. Website | Instagram

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Disclaimer: The information provided in the Women and Money Café Podcast and Website does not constitute financial advice and nor should it be taken as such. They are thoughts and discussions in around money and possible options available to you. Whilst all attempts are made to provide accurate information at the time of publishing you should seek your own clarification . Should you require advice for your specific set of circumstances contact a qualified, authorised financial adviser directly.

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