Company Director - Pension Funding

GMRJM

Hi team,

This is a sense check. I'm sure I know the answer but starting to doubt it.

Company director is funding £60,000 per year, nearly maxed out on carry forward allowance.
Has an old DB pension from a job years back, but it is pretty good considering. c. £12,000 pa.

• Am I correct to say this will need factored in to his AA calculations?

• How can people avoid overfunding pensions when this years (25/26) DB pension statement is not available yet?

Many thanks

benjaminfabi

Hi

Deferred DB pensions don't have a pension input amount for annual allowance:

https://www.gov.uk/hmrc-internal-manuals/pensions-tax-manual/ptm053910

GMRJM

@benjaminfabi Thank you! Much appreciated for the quick response.