Help with gf pension

MoneySavingUser

Jaguar_Skills wrote: »

The benefit of her making this payment is I guess for a few reasons but mainly her accountant I think can back date the payment to offset the tax that she will pay

Dazed_and_confused wrote: »

I think your gf should seek further information from the accountant about this as it is a long long time since you have been able to back date (carry back) pension contributions.

I suspect the accountant probably means:
a) the contribution will reduce her corporation tax for her current chargeable accounting period (which may be different from the tax year); or
b) if the contribution means that her company makes a loss she can elect to carry back the tax loss against the prior years profits chargeable to corporation tax;