MPAA

Malthusian

sevenhills said:

I did not have my SIPP at the time. I don't recall the question coming up when I signed up with my SIPP.

The onus was on you to tell them, unless you opened the SIPP by transferring in another pension, and the administrator of that pension knew that you had triggered the MPAA. In that case the old pension scheme is responsible for telling the new one.

You should tell them as soon as possible as you are liable for a penalty of £300 for not telling them within 91 days.

Perhaps they will take into account the previous years unused amount.

Afraid not. People who have triggered the MPAA can't use carry forward.

OldBeanz

I am sure you are not alone in having done this by accident rather than design. I wouldn't bother telling them anything but just stick to the limits going forward.