We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

£3600 p.a.

Options
If I have earnings below £3600 p.a., and am under 75, I can usefully contribute only £3600 p.a. to a pension.

Does this limit apply to a contribution from a firm on my behalf, if either (i) it is my employer, or (ii) I am a Director of it?
Free the dunston one next time too.

Comments

  • zagfles
    zagfles Posts: 21,443 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Chutzpah Haggler
    edited 6 June 2016 at 8:38PM
    An employer certainly can and it won't count towards the tax relief limit.

    Not sure if there are special rules if you're a director but can't see why, after all the employer could pay you as salary and you could put that salary in and be no worse off tax wise. In fact you'd be better off getting paid salary and putting the salary in if you're not using the PA with other income.

    You might need to show you're doing work to the value you're getting paid (inc pension conts)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.