Misposted pension payments

Hello

I have just taken on a limited company client.

On reviewing the various documents and working papers I have discovered that the employers contributions to the directors Individual Pension Plan have been debited to his directors current account for the past three years.

I have always believed that employers contributions are deductible for CT purposes and therefore no relief has been claimed in the accounts in this case.

Can any readers advise on the best way to claim the relief ?

I was thinking of preparing a summary for HMRC restating the adjusted profits and overpaid CT Tax and then making a prior year adjustment in this years accounts for the pension payments that have been debited to the directors current account in the past.

 

Thanks

 

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