Annual pension allowance

[JapanRed]

Does the £40k annual allowance include growth?

Eg If my personal limit is £40k and mine and my employers contributions total £30k. If the pot then grows by £15k have I exceeded my annual allowance?

[CaptainSlow]

JapanRed said:

Does the £40k annual allowance include growth?

Eg If my personal limit is £40k and mine and my employers contributions total £30k. If the pot then grows by £15k have I exceeded my annual allowance?

Growth doesn't impact the annual allowance but it does for the lifetime allowance.

[JapanRed]

Thank you Captain Slow.