TFLS and recycling query.

I’m hoping to retire at the end of June this year with a CETV transfer in to drawdown, by then I will have earned circa £16K taxed at 40% with no pension (personal or company) contributions.

For the rest of 2018/19 I would have no more earnings, I would be taking a TFLS (maybe not the full 25% in the first year) so I would expect I could claim a tax refund at the end of the tax year, or can I claim it earlier?

Would it also be possible to recycle up to £16k back in to the drawdown account and claim another 20% by way of tax relief without invoking the MPAA of £4000, or will I be limited to £3600?

I don’t plan to take withdrawals above the 25% TFLS limit till 2021.

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