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Steve Hughes

Steve Hughes

Joined: 1/24/2023

  • Pension Annual Allowance exceeded

    Tue, 24 Jan 2023 18:09:44 GMT – Pension Annual Allowance exceeded
    I'm a higher rate tax payer 40% and have exceed the £40k Annual Allaowance input amount. How do i declare this on Self Assessment? My pension contribution are taken from my gross salary, CAn I use previous years allowance? Do HMRC automatcially do this?