What is carry forward?

Carry forward allows you to make pension contributions over your annual allowance and still benefit from tax relief. You must have unused annual allowance from the previous 3 tax years.

To receive tax relief on your contributions, you must earn at least the amount you wish to contribute in the tax year you are making the contribution for. 

For example, if you want to make a total contribution of £100,000 you must earn at least £100,000 in that tax year.

Check if you have unused annual allowances on your pension savings

Seek financial advice if you are unsure.

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Getting help in difficult circumstances

Please contact us if you’re having financial difficulties, navigating a difficult time in your life, or if your mental wellbeing is affected. This happens to many in these uncertain times. We’re here to help.

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