Claiming back tax on redundancy pay 4 years ago?
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Krakkkers
Posts: 1,134 Forumite
Took voluntary severance in July 2020 and was paid £41k before tax and then 40% tax on the £11k over £30k so £4447 tax was paid I believe. I then took a DC pension which was transferred to Aegon and put into drawdown.
Just now sorting out claiming my FS pension and they wanted to know how much of the LTA I had used so went back through the paperwork and noticed that although the £4447 was listed in the total amount to be transferred to Aegon it never got paid to Aegon.
So assuming this never got claimed back, is it now too late?
Just now sorting out claiming my FS pension and they wanted to know how much of the LTA I had used so went back through the paperwork and noticed that although the £4447 was listed in the total amount to be transferred to Aegon it never got paid to Aegon.
So assuming this never got claimed back, is it now too late?
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Krakkkers said:Took voluntary severance in July 2020 and was paid £41k before tax and then 40% tax on the £11k over £30k so £4447 tax was paid I believe. I then took a DC pension which was transferred to Aegon and put into drawdown.
Just now sorting out claiming my FS pension and they wanted to know how much of the LTA I had used so went back through the paperwork and noticed that although the £4447 was listed in the total amount to be transferred to Aegon it never got paid to Aegon.
So assuming this never got claimed back, is it now too late?
And it's a bit vague.
Why would tax your employer deducted be paid to a pension company?
Did you need to file a Self Assessment return for the 2020-21 tax year?0 -
Krakkkers said:Took voluntary severance in July 2020 and was paid £41k before tax and then 40% tax on the £11k over £30k so £4447 tax was paid I believe. I then took a DC pension which was transferred to Aegon and put into drawdown.
Just now sorting out claiming my FS pension and they wanted to know how much of the LTA I had used so went back through the paperwork and noticed that although the £4447 was listed in the total amount to be transferred to Aegon it never got paid to Aegon.
So assuming this never got claimed back, is it now too late?0 -
Are you saying you paid the £11k into the pension post tax and it should have been claimed back by the pension provider?0
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Its ok, i figured it out myself, it was my misunderstanding.0
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