Is this carry forward correct?

expansion

I thought the 3 year total included the current year but now I am uncertain whether it is 3 + 1. For the situation below on top of 24 which can be put in the personal pension for this year is it an additional 17 from previous 2 or 24 from previous 3 years that can be added as carry forward? Where on the annual self assessment is this shown to explain surpassing the 40 annual limit?

Tax year / Work Pension / Personal Pension / Total Pension

19-20 / 16 / ? / ?

18-19 / 14 / 17 / 31

17-18 / 16 / 16 / 32

16-17 / 18 / 15 / 33

Dazed_and_C0nfused

How much do you expect to earn in the current tax year?

expansion

Above 70 so not relevant

nepomuk

The answer is 3+1 so for 2019/20 you can add unused allowances from 2016/17, 2017/18 and 2018/19 which in your case is 24. Your earnings surpass even with the full carry forward so this is not an issue. Previous user asks it for the right reason but it would be better to just provide the answer with that caveat rather than drip drip back and forth.

expansion

Cheers. And where and how to go about showing this on self assessment?

Dazed_and_C0nfused

If you used carry forward to make a qualifying contribution without exceeding the allowance you don't. 

You keep your workings somewhere safe in case HMRC ever ask for them.

expansion

Without exceeding which allowance? Clearly I am exceeding the annual allowance this is the very definition of carry forward.

expansion

Exceed which allowance? Stop speaking in riddles.

oldbikebloke

expansion said:

Exceed which allowance? Stop speaking in riddles.

there is no need to get snarky, read:
https://www.pensionsadvisoryservice.org.uk/about-pensions/saving-into-a-pension/pensions-and-tax/carry-forward

19/20 16 + in year top up 24 = 40
previous 3 years contributions already made 14,16,18 = 48
carry forward therefore (40*3)-48=72
potential additional total contributions 19/20 24+72=96
annual salary in 19/20 = "70"
you will not get full tax relief as your earnings in 19/20 do not cover the full amount you could contribute

expansion

Link only agrees with what I said. Only after the annual 40 limit is used up can carry forward be accessed. User above talks about possibility of using carry forward but without exceeding the allowance. Clearly the annual allowance has to be exceeded so what allowance is he on about? I'm sorry if you were offended but this is an informational forum and it is very frustrating when people write without correct or complete answers causing confusion. If someone doesn't know it is better to not guess and add misinformation or return and rectify.

My previous 3 year contributions are 31, 32, 33 = 96. So my carry forward is 24. 40 + 24 = 64 which is less than 70 salary so I could contribute all 3 years of carry forward in this year. Contribution can not be greater than salary. It's not about not receiving tax relief. You can't put in more than your salary even with no tax relief.

zagfles

expansion said:

Link only agrees with what I said. Only after the annual 40 limit is used up can carry forward be accessed. User above talks about possibility of using carry forward but without exceeding the allowance. Clearly the annual allowance has to be exceeded so what allowance is he on about? I'm sorry if you were offended but this is an informational forum and it is very frustrating when people write without correct or complete answers causing confusion. If someone doesn't know it is better to not guess and add misinformation or return and rectify.

My previous 3 year contributions are 31, 32, 33 = 96. So my carry forward is 24. 40 + 24 = 64 which is less than 70 salary so I could contribute all 3 years of carry forward in this year. Contribution can not be greater than salary. It's not about not receiving tax relief. You can't put in more than your salary even with no tax relief.

This is wrong, you can put in more than salary, you just can't get tax relief on the excess. Although it's possible some providers won't allow it.