Hi all,
It's the first time I post here and I hope I that my question will be answered.
I've been working as a contractor since March 2017, which means that the company year end was on 31st March 2018. I've only recently discovered that I can contribute to my pension via my Ltd and deduct 40k from company's net income, which will allow me to pay less corporation tax.
The corporation tax, for the first company year, is due on 1st December 2018.
Can I contribute today, after the company year end, to my pension via my Ltd and have that amount deducted from the net income, hence pay less corporation tax?
Thank you in advance,
Neo
It's the first time I post here and I hope I that my question will be answered.
I've been working as a contractor since March 2017, which means that the company year end was on 31st March 2018. I've only recently discovered that I can contribute to my pension via my Ltd and deduct 40k from company's net income, which will allow me to pay less corporation tax.
The corporation tax, for the first company year, is due on 1st December 2018.
Can I contribute today, after the company year end, to my pension via my Ltd and have that amount deducted from the net income, hence pay less corporation tax?
Thank you in advance,
Neo
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