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Guidance: Step by step guide for the AFPS Pension Savings Taxation (Annual Allowance) notification letter for tax year 2021/22

Ministry Of Defence

October 31
15:32 2022

Details

This guide has been provided to assist 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 2021/22 or both the threshold income exceeds 200,000 and the adjusted income (threshold income plus PIA) exceeds 240,000, on their AFPS pension savings.
Published 24 June 2022
Last updated 31 October 2022 +show all updates
  1. Updated Step by step guide for AFPS Annual Allowance notification letter for tax year 2021/2022.

  2. Updated Step by step guide with latest version.

  3. First published.

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