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Where Taxpayers and Advisers Meet

Company Pension Contributions

twpbugger
Posts:8
Joined:Tue Jan 31, 2012 12:58 pm
Company Pension Contributions

Postby twpbugger » Tue Apr 21, 2020 7:27 pm

Hi everyone and thanks in advance for you replies

I am an IT contractor and have a ltd co.
My co yr end is 30-11-19 and that was the date my contract ended as well - I am yet to secure a new contract therefore the company technically is not trading although I am actively seeking work.

Co. made profits of 100k up to Nov 19.
I paid in 40k to my pension via the company on 31st March 2020
and paid in 80k on 1st April 2020

Are these going to be tax deductable as a ltd company expense? ( I have not paid in conts to my pension fund for last 3 years) so can I carry back the 80k? and get the tax refund when I do my Nov 20 accounts.

Profits for last 3 years have been around the 90k mark

Thank you

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