Reduction to 10000 allowance

pwllbwdr

I have been unable to find an answer to this anywhere. The tax relief for higher earners is to be capped at 10k PA from 2016. What happens to carry-forward. Is unused tax relief from 2015 and 2014 still to be available in 2016?

Sobryma

The guidance isn't as comprehensive as I would like but indicates it will continue as normal. See the Carry Forward section.

https://www.gov.uk/government/publications/pensions-technical-note-transitional-provisions-for-aligning-pension-input-periods/pensions-technical-note-transitional-provisions-for-aligning-pension-input-periods