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Pension Payments - Can you carry back?

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?

Many thanks


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09th Nov 2012 11:40

I don't think that you can anymore. You used to be able to but I'm pretty sure that it's stopped.

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09th Nov 2012 12:04

I am not certain but I think you can go back three years (£50k for each year).


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09th Nov 2012 12:09

But isn't it the relief that carries forward? I.e. if you haven't used the £50,000 in the previous three years then you can make pension payments of £150,000 this year and still get full basic rate band addition?


I'm not too certain on this either so if someone could confirm I'd be grateful!


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09th Nov 2012 12:15

That's what I meant to say!


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11th Nov 2012 20:30

The carry back rules ended with A-day in 2006. Any contribution made now will relate to the 2012-13 tax year only.

Since April 2011, to make up for the reduced annual contribution limit you are allowed carry forward relief for three years as outlined by cyrynpen above.



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30th Dec 2014 10:11

Pension contribution carry back

my client would like to know whether she can make a contribution now for 2013/14 tax year because she did not pay any contributions for 3 years.

Are rules as same or is there a flexibility to carry back ?

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