If a works pension with personal contributions has never been claimed in previous S.A. (employee is on 40% bracket), how far back can one claim.
The schedule mentions net and gross so looks like the 20% has been added to pot (meaning (40-20) 20% can be claimed?) although the earlier years have a slightly different % than the later years (looks like 22% rather than 20%). Assuming the pension can be claimed for as far back as possible, does the form make it easy to claim both the later and earlier years together - or does it assume tax at 20%?
So can one claim as far back as the period where it has not previously been claimed?
Can one easily claim and complete form for years where the tax rate was not 20% (e.g., 2007-08 = 22%).
Sounds like one would have to have been on higher tax bracket for all of these years in order to properly claim, so not sure it can be claimed in this years S.A. tax return - Is this a case for calling HMRC???
In case anyone is interested - I have the answer of four years.
The latest of these can obviously be put through the next due SA return.....the previous one as an amendment to previous years SA return and the other two in wrtiting to HMRC (as they are ouside the 12 month window since filing dated.......2013-2014 ok as filing date 31/01/15).
