I have client, a sole trader whose accounts have been prepared to 31.03.12. He is a higher rate tax payer & has been making personal pensions contributions over the years.
However for the tax year ended 05.04.12 he has not made any personal pension payments so far. Can he make payments of say £50,000 now towards his pensions say by 30th Nov 2012 for which he can carry back & use in his tax return for the year ended 05.04.12? Otherwise it will be accounted for in the tax return year ended 05.04.13.
In other words can personal pension contributions be carried back?