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A self-employed retiree asks if he can apply the 40% reduction for pre-2007 contributions. The DGT responds that the retirement event occurred in 2018 and the period to claim the reduction expired in 2020.
The 40% reduction for pre-2007 contributions is no longer available for retirees who retired in 2018, as the transitional period ended in 2020.
The tax team reviews your specific situation.
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