TRC (i,e lower of gross ppc OR relevant earning)+ Employee contribution in occupational pension of employee + employee contribution in any pension of employee – Annual allowance = unused AA /excess
Sir the above working , we do in every income tax question or is their any certain condition in which we have to do above working?
The calculation of any unused AA (from the preceding 3 tax years) is only relevant if in the question the pension contributions made in the current tax year exceed the AA limit of the year