Tax and using inheritance to pay into personal pension

J

JKetch

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I pay regular monthly premiums into a personal pension (RAC) and file a return each year to claim the tax credit. Is it OK in terms of tax, if I use money from an inheritance that I received in 2023 to pay a lump sum into the pension before the end of October and claim the additional credits in respect of 2022? I have already filed the 2022 return in Feb this year.
 
If you want to top-up your pension to the maximum allowable percentage of your earned income for your age, you can. The source of the money (i.e. the inheritance) is not relevant in this context. You'll need to file an amended 2022 return.
 
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