3 years Pension Allowance Tax carry forward

BattyJ

A nice easy question….

I am aware I can carry un-used personal pension allowance for 3 years. Does that 3 years include the current tax year, or is it the 3 years prior to the current tax year?

HappyHarry

Last three years plus this year - so a maximum of £200000, providing you have sufficient earnings of course.

Dazed_and_C0nfused

BattyJ said:

A nice easy question….

I am aware I can carry un-used personal pension allowance for 3 years. Does that 3 years include the current tax year, or is it the 3 years prior to the current tax year?

You have to use this years allowance first.

Then go back to 2021-22.

One any unused allowances from 2021-22 is used you then go to 2022-23.  And finally 2023-24.

You have to have been a member of a pension scheme in those years as well.

dunstonh

And don't forget that to able to use carry forward, you need to earn sufficient in the current year to be able to use it.

For example, if you earn up to £59,999, you cannot use carry-forward unless you have access to employer contributions.