The following Corporation Tax guidance note by Tolley provides comprehensive and up to date tax information covering:
Relief is available for employer’s pension contributions in the accounting period that they are paid, not accrued.
Where contributions exceed £500,000, there are provisions for spreading the expenses over up to 4 years.
Spreading will apply where the increase in contributions is more than 110% of the contributions paid in the previous period (‘the excess’) and the excess is £500,000 or more.
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