Pensions contributions due by ?
On a reasonably regular basis I am asked by clients to establish the amount of pension contribution they can make in order to maximise the tax benefit, which I have no problem in calculating.The next question is invariably,"When do I need to make that payment into my pension by?"
My answer is that technically the amount can be paid to the scheme administrator by 5th April 2001 if you wish it to be treated as having been made in the year 1999/2000, although if you wish the payment due on / by 31st January 2001 to be reduced you obviously need to make the payment before that date.
Am I correct? Or am I badly sadly wrong? I just cant seem to find this written down anywhere.
Any help would be very gratefully received.
- How will auto enrolment affect accountants? 1,478 41
- Purchase of shares and goodwill 141 3
- Directors Remunerations and Employees on CT600 91 1
- Anyone Heard of This Outfit? 263 1
- How can I tell what returns are outstanding on HMRC online? 234 3
- Practice management - that old chestnut....... 1,233 19
- Suppliers for Online Card Payments? 365 6
- Go Cardless 383 10
- Self assessment tax arrears 328 3
- Mehjoo 334 2
- Tax Return Member LLP 150 1
- How to prove income for a mortgage if you have no SA302s 407 5
- Amazon Fees, Sage VAT/Tax code T20? 199 4
- SA302 346 7
- US Employment Income - Double Tax Treaty 296 13
- Bringing money to Uk 300 4
- Capital Allowances on Furnished Holiday Lets Business 219 4
- Hmrc software 262 3
- What expenses can be claimed after a move to Cornwall? 198 1
- Hosted email exchange 193 5
- Xtuple 522
- Qtac payroll for bureau 357
- Confused - Professional Association a Mutual trader, or not? 301
- Industrial & Provident Societies 294
- Data transfer from Sage Line 50 to VT Transaction+ 238
- VAT Payable on Expenses for Non-VAT Registered Ltd Co 216
- Why would HMRC offer to close an investigation by contract settlement 211
- Domain name sale and limited company 182
- CIS schemes 179
- Director legal fees in loose connection to the company 155