24/25 Pension Contributions Question
24/25 Pension Contributions Question
Author
Discussion

dibblecorse

Original Poster:

7,236 posts

212 months

I've just drafted my sole trader tax return and have a surplus of funds but am I too late to pay those into my pension, I still have c20k or my 24/25 allowance available to me or should those funds have gone in before the end of the tax year? Maxing my allowance won't exceed my earnings. I just don't need the funds.

GiantEnemyCrab

7,900 posts

223 months

You can carry forward up to 3 years of allowances if you were part of a scheme etc. current year allowances used first I think (not -00%)

dibblecorse

Original Poster:

7,236 posts

212 months

GiantEnemyCrab said:
You can carry forward up to 3 years of allowances if you were part of a scheme etc. current year allowances used first I think (not -00%)
Indeed, but what I am trying to work out is can I make a payment now and assign it to my 24/25 return?

GiantEnemyCrab

7,900 posts

223 months

Not afaik because current year allowances used up first