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.
- VAT refund 292 3
- Are you going to Tick and Bash on 21 May? 1,260 37
- flat rate scheme 64 2
- Turnover on a tax return 524 12
- Company limited by guarantee having only 1 member 73 2
- incorrect old p60 550 15
- Company to buy shareholder land 88 4
- Deferred income - financial concern no recognised turnover CT600 177 1
- Posting Corp Tax to Sage Line 50 129 1
- Special dividends & CGT 194 1
- Director's Earnings when Drawing from Goodwill profit from Sole Trading Company sale to Ltd Company 174 1
- Networking 345 5
- Bank Interest Held by Solicitor During Divorce 271 2
- US company hiring UK citizens in UK 302 4
- Corrupt excel .XLSX file 151 1
- What VAT to reclaim on van purchased on HP? 331 5
- Professional coaching claimable? 281 2
- IT Contractor 283 1
- Sage instant account codes 199 1
- Mobile phones, directors of micro-companies 300 1