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Carry-forward rules for pension contributions
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That ship has sailed for you in respect of previous years. (unless you started a new company again). You are now looking solely at this years earnings.europa said:
Okay, but my LTD is now closed and i cannot therefore make employer contributions. The only question is whether the fact my previous earnings (4+8+8k) were from my old LTD makes any difference to my situation now (in terms of carry forward rules). Is 26k still the max i can contribute (with tax relief) this year?dunstonh said:Pension contributions from the company are classed as employer contributions. They are not affected by salary levels and can to £40k and use carry forward where it is available.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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