Usually your company makes a substantial pension contribution for its directors. But projections show only a modest profit for this year which won’t be enough to cover the pension payments. Is it
still tax efficient for it to go ahead?
Published 13.12.2018
Your partner is about to give up work to have a child. She expects to be out of the job market for several years. Meanwhile she wants to keep up her pension savings. Is getting your company to pay
her contributions a tax-efficient way to do it?
Published 14.11.2023
A married couple run a small company but plan to retire in a few years. They want to use the company’s profits to significantly top up their personal pension funds. Can HMRC refuse a tax deduction
for this?
Published 26.01.2022
You want to pay a sizeable amount into your pension, but the rules say you’re only allowed to contribute up to the level of your earnings. As you take most of your income as dividends, how will this
limit your pension contributions?
Published 13.11.2013
In April this year the rules for tax deductions on pension contributions underwent a major overhaul. But what effect, if any, did this have on company contributions, and is there still a tax
advantage to these?
Published 28.06.2011
A couple of years ago you paid £50,000 into a pension and claimed the tax relief. This made use of your annual allowance, but HMRC says that a little-known rule means you weren’t entitled to it. What
is it referring to?
Published 25.10.2016
You want your spouse to have their own pension plan. As they have little income of their own you intend to pay the contributions yourself. Alternatively, would it be more tax efficient to get your
company to pay them?
Published 15.05.2018
The new generous rules are tempting you to pay this year’s bonus into a pension for the first time. However, anything you invest above £40,000 will result in tax relief being clawed back. How can you
legitimately avoid this trap?
Published 08.07.2014
A colleague tells you that tax relief on pension contributions is only allowed against salary and not dividends. And, because you only take a small salary from your company on which you don’t pay
tax, you’re losing out. Is he right?
Published 10.05.2013
You’ve not drawn salary from your company for the last three months because its income was significantly reduced. It’s now improving and you’re restarting your salary next month. Is it worth paying
yourself the arrears?
Published 07.07.2020