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Self-Employed Pension Options
Comments
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No the company could put 4K into each pension, reducing their profit to 42K. Or even more.0
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Last year, their approximate profit was £20K in total....
So if the company put in £4000 each
The Govt would top up £1000
And their base that is taxable would be reduced to £12K
Any idea what the maximum they could each put in? Is there a limit (besides the £40K)0
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