Lisa Webster: Annual allowance charges explained (and how to pay)

31 January was deadline day. Not just for football transfers but for self-assessment tax returns. The pro-active among us may well have filed months ago (and according to HMRC there were even 2,828 who filed on Christmas Day), but many will be gathering information with a last-minute rush to beat the deadline. We are often asked how breaches of the pension annual allowance are reported, and how carry forward is dealt with. What and where on the self-assessment forms should this information be provided? It is the individual's responsibility to report any annual allowance breach to H...