Just completing my 2016/17 tax return. Due to some sizeable sales bonuses I got toward the end of the tax year I find I now owe HMRC a few K for the 16/17 tax year…. I am employed. Are there any (obviously legit) options open to me for Reducing the Tax In The Previous Tax Year by something I could do this year? I heard EIS’s (not vct?) can do this… though the fees / risks might not be worthwhile? I presume pension contributions etc cannot be back dated?
Thanks for any thoughts M