Tax

Carry forward

Tax
Key pension facts

If you did not use your full annual allowance in previous tax years this can be carried over to the current tax year to allow you to contribute more than the £40,000 cap. Unused allowance from the previous three tax years can be used but you need to earn enough in the current tax year to cover your full contributions.

As an example, let’s say you have £50,000 of unused allowance from previous tax years and an income of £70,000 this year; since you can’t contribute more than 100% of your earnings in any case, your total contribution cannot be more than £70,000 which means you can only carry forward £30,000 of unused allowance from previous years (£40,000 allowance from this year + £30,000 previous unused allowance = £70,000).

See also our tax benefits of a pension blog post.

We’ll never leave you high and dry

Our customer support team is rated "Excellent" and is always on hand to help you during the setup process and once you have your new pension. There are 3 ways you can contact us:
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Log in to our website and chat to us

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Email us on support@myraindrop.co.uk

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Call us on 02039517253

Heading

Heading

This is some text inside of a div block.
This is some text inside of a div block.

What’s a Rich Text element?

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

How to customize formatting for each rich text

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

We’ll never leave you high and dry

Our customer support team is rated "Excellent" and is always on hand to help you during the setup process and once you have your new pension. There are 3 ways you can contact us:
tick red icon

Log in to our website and chat to us

tick red icon

Email us on support@myraindrop.co.uk

tick red icon

Call us on 02039517253