RA Over Contribution Claims

[^^vampire^^]

Hi All

From what I've read any RA contributions that are over the 15% contribution rate carry over. I've stopped my RA contributions as I am emigrating later this year but would like to know the following:

1) Do these amounts carry over indefinitely or only for a one year period?
2) Do I just submit all the previous years RA contribution certificates on my tax form where the amount is over the 15% allowance or is their some other way that you have to claim the excess contributions.

Thanks.

 

[BloemGuy]

1 - Indefinitely.
2 - You had to submit the certificates every year and any amount not allowed would accumulate automatically and be added to the next year automatically as well and as you qualify the deduction will be given automatically. You only have to submit certificates again for arrears ("back" or retrospective) purchases.

 

[^^vampire^^]

Thanks!