low income pension contribution, are previous unused years available?

stoozie1

Hi,

In the same way as if above the annual allowance, one can use the last 3 years unused allowance, is there any provision to do this with the low earning contribution also? (2880/3600)

I have googled but perhaps using wrong search terms.

ffacoffipawb

stoozie1 wrote: »

Hi,

In the same way as if above the annual allowance, one can use the last 3 years unused allowance, is there any provision to do this with the low earning contribution also? (2880/3600)

I have googled but perhaps using wrong search terms.

No I don't think you can.

stoozie1

diolch yn fawr

ffacoffipawb

stoozie1 wrote: »

diolch yn fawr

Croeso 😄😄😄😄😄

bigadaj

stoozie1 wrote: »

Hi,

In the same way as if above the annual allowance, one can use the last 3 years unused allowance, is there any provision to do this with the low earning contribution also? (2880/3600)

I have googled but perhaps using wrong search terms.

The carry forward of unused allowance only applies if you exceed the current annual allowance and have sufficient earnings in this tax year, it's not a freebie allowing a tax boost to savings, you have to have earnt enough salary in the relevant tax year.