- This topic has 5 replies, 3 voices, and was last updated 10 months ago by
.
- Posts
For illustration 1,shouldn’t we add (10000+15000)=25000 and not add to 40000 since in 23/24 we have remaining of 15000 so how can we add again the 40000 of 23/24 if it has already been partly used.
Welcome to the Opentuition forums. Can you confirm the question to which you are referring?
Its Chapter 9, Example 1 as I too was a little confused that £40k had been written first, yet later, £15k was C/f for the same tax year so should the amount of total pension input allowed have been £10k plus £15k = £25k in total and not the £65k as advised?
My guess would be that the question was intended to be written with amounts starting in tax year 20/21.
That way the previous three tax years would be taken into consideration with the current (in terms of the question) year of 2023/24.
- You must be logged in to reply to this topic.