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Limited Company Pension contributions
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Thanks all - I will follow up with my accountant.
The taper has kicked in because of earnings outside the company (salary and pensions). I am actually not taking anything from the company so looking for ways to reduce the CT liability AND put some money in our pockets.
This will only be a problem in 2018/19
A further thought....our company has a year end of June 30, so I assume we could pay the pension contributions in our personal tax year 2019/20 which would be within the company's 2019 year end?
We don't have any allowances brought forward as we were tax resident overseas until April 2018.Money won't buy you happiness....but I have never been in a situation where more money made things worse!0
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