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Pension contribution limit from previous years when I had no pension account at all

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    Pension contribution limit from previous years when I had no pension account at all

    If I have not had a pension account at all anywhere so far, can I still use the pension contribution limit from previous years this year for an account I open now?

    #2
    Generally it is possible. There are various rules. Your provider may be able to assist.

    Comment


      #3
      HM Revenue & Customs: Pension savings annual allowance calculator - introduction
      bloggoth

      If everything isn't black and white, I say, 'Why the hell not?'
      John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

      Comment


        #4
        If you are only starting the pension now then you won't be able to utilise unused pension allowances from previous years - in order to do this, the pension scheme must have been open during the year that you wish to use the allowances for.

        Hope this helps!
        Craig

        Comment


          #5
          Originally posted by Craig at Nixon Williams View Post
          If you are only starting the pension now then you won't be able to utilise unused pension allowances from previous years - in order to do this, the pension scheme must have been open during the year that you wish to use the allowances for.

          Hope this helps!
          Craig
          Oh. That's a bummer.

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