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Unused personal allowance
family4tunes
Posts: 108 Forumite
in Cutting tax
Hi guys,
If I don't use my full personal allowance this year, or from a previous year will it roll-over to the next tax year.
The last couple of years, I have not been employed, received any benefit or claimed a pension. In other words I have had very little to no income in the last years. I recently received just a few state pension payments this year, otherwise no income, and April is the new tax year. If I haven't used all my personal allowance will it roll-over as to say? TIA
If I don't use my full personal allowance this year, or from a previous year will it roll-over to the next tax year.
The last couple of years, I have not been employed, received any benefit or claimed a pension. In other words I have had very little to no income in the last years. I recently received just a few state pension payments this year, otherwise no income, and April is the new tax year. If I haven't used all my personal allowance will it roll-over as to say? TIA
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Comments
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No it does not roll over, you use it in the relevant tax year or you lose it."You've been reading SOS when it's just your clock reading 5:05 "0
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sammyjammy Thats a bummer, thanks anyhow Sam.
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