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Exceeding 40k pension contributions

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123mat123123mat123 Forumite
245 posts
Tenth Anniversary 100 Posts
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I have been careful not to exceed 40k through salsac but am near this limit

Last year's pension contributions were about 20k

If I wanted to create a new 'small pot' pension of 10k this year to use last years allowance is there any special paperwork to send to HMRC.

Am on paye, basic tax payer and don't do self assessment.

If I do nothing am I in danger of exceeding this years allowance or is the excess automatically applied to previous years allowances.

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