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SIPP Investment Ltd Company
Comments
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Just to clarify the meaning (He has been a member of a registered pension scheme) does that mean him personally or through the company. He was a Director of a previous company and paid into a personal pension through that company. When he reached 50 he took a lump sum and has been in receipt of monthly payments since.
Does this count?
One question for the experts - will this have triggered the £4k MPAA or does that not apply to company contributions?0 -
Have a look at this
https://www.moneyadviceservice.org.uk/en/articles/money-purchase-annual-allowance
One of the clearer explanations.
It could depend on what the lump sum was and what is providing the income.0
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