Is it too late to pay some of last year's income into a pension for tax credits?

michaels

Because of the effect of tax credits, if I had salary sacrificed 10k into my pension last year it would only have reduced my income by 2800 which sould slie a good investment. I don't suppose it is possible to make a pension payment now and have it count against last years income for tax credit purposes?

Thanks

HappyMJ

No but it will count for next years tax credits.

michaels

Thanks, however that is of no use to me - I did think there was some way to backdate pension payments to previous years for tax purposes but I guess if it does exist it doesn't apply to tax credits. I should have been more on the ball before the tax year ended.

HappyMJ wrote: »

No but it will count for next years tax credits.