Originally Posted by
Ballistic Profile
How did this happen?
I’ve just received a letter through the door telling me my ‘Pension Input Amount’ (the first time I have been aware of these three words being used together) is nearly £90000, that the Annual Allowance limit is £40000 and I’m liable for tax on the difference.
https://www.gov.uk/tax-on-your-priva...nual-allowance
Note that you can carry forward any unused allowance from the past three years:
https://www.gov.uk/guidance/check-if...ension-savings