We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Tax Return and Late Pension Contribution
mikeaward
Posts: 5 Forumite
in Cutting tax
Hi All
I am self employed and just completed my 2007/8 tax return for accountancy period 01/04/2007 - 31/03/2008.
During this period I did mean to contribute to a pension plan but didn't (I know, really stupid and kicking myself now).
Does anyone know if I can contribute now for this period and deduct from my tax return.
I tried to contact Inland Revenue but I couldn't get through by phone and cant find an e-mail address to check.
Any ideas would be gratefully recieved.
Massive thanks and good luck for 2009
Mike
I am self employed and just completed my 2007/8 tax return for accountancy period 01/04/2007 - 31/03/2008.
During this period I did mean to contribute to a pension plan but didn't (I know, really stupid and kicking myself now).
Does anyone know if I can contribute now for this period and deduct from my tax return.
I tried to contact Inland Revenue but I couldn't get through by phone and cant find an e-mail address to check.
Any ideas would be gratefully recieved.
Massive thanks and good luck for 2009
Mike
0
Comments
-
Basically no, you used to be able to carry back personal pension payments to the previous tax year but not any longer - relief is given in year of payment only.0
-
Thanks BoGoF.
That's bad news though!! Do you think I deduct some funds for Jan 08 to Mar 08 for the Pension?
Thanks again
Mike0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.8K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.4K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards