Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Sun, 12 Mar 2023 16:06:06 GMT by diddy pop
Hi there In the 2021-22 tax year I exceed the Annual Allowance. I put the excess of the amount I exceeded it by on the form (Pension Savings Tax Charges box 11) However, I have 'carry forward' from previous years that exceeds this, so no tax charge is due. I think from my recent coding notice that there is no tax due from previous years (dated after I completed my SA form), but my SA area of the HMRC website seems to think I owe something in respect of exceeding the AA. Is it the case that HMRC has reduced the tax due (because you have applied the carry forward I have), or not? I think from reading guidance I shouldn't have put an excess because I had carry forward, but this wasn't clear. Thank you. Has the 'carry forward' been applied
Posted Thu, 16 Mar 2023 15:53:43 GMT by HMRC Admin 20
Hi diddy pop,

If you have any unused allowance to carry forward that would cover your excess, then no entry should have been made to advise that you had exceeded the annual allowance. you will need to amend the return to show the figure as nil. 

Thank you.

You must be signed in to post in this forum.