Carry forward (pension)

Used up your pension annual allowance for the current tax year? Carry forward lets you dip into unused allowances from up to three previous tax years.

Keep in mind that you need to have been a member of a pension scheme in the tax year you want to carry forward. Also, your ability to use carry forward will be restricted if you’ve already triggered the MPAA.

And if you were subject to the tapered annual allowance during a previous tax year, you may not be able to carry forward as much from it.

More on Pensions and retirement

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