We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
£3600 p.a.
kidmugsy
Posts: 12,709 Forumite
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?
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.
0
Comments
-
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)0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards