GovWire

This guide helps members of the armed forces to establish:

• if they are liable for a Pension Savings tax charge
• how to work out their tax bill if they are liable for a Pension Savings tax charge
• how to register for a self-assessment tax return, if required
• how to complete that tax return and how to pay the tax bill
• if they have exceeded the standard pension savings limit of 40,000 for tax year 2022/23 or both the threshold income exceeds 200,000 and the adjusted income (threshold income plus PIA) exceeds 240,000, on their AFPS pension savings.