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Advice re: pension (self employed)
CG2017
Posts: 44 Forumite
Hello
Myself and my husband are directors of a limited company and I need to look into a pension for both of us - we don't have any employees (apart from ourselves) is there a guide to pensions for people in our position please, or alternative ways of saving for retirement?
Thank you in advance
Myself and my husband are directors of a limited company and I need to look into a pension for both of us - we don't have any employees (apart from ourselves) is there a guide to pensions for people in our position please, or alternative ways of saving for retirement?
Thank you in advance
0
Comments
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Some information.
https://www.limitedcompanyhelp.com/paying-into-a-pension-from-your-limited-company/
https://www.pensionbee.com/pensions-explained/pension-contributions/contributing-to-your-pension-from-your-limited-company
Example
https://www.hl.co.uk/pensions/contributions/employer
You have a very wide choice of pension providers - if unsure you could always take independent financial advice.
https://adviserbook.co.uk/
You would tick "confirmed independent" and such other specialisms as required.0 -
Its very flexible in your situation. You can contribute as little or much (up to 40k each) per year into a pension, direct from the company. This has the effect of reducing corporation tax in that year.
I use Youinvest as my provider but there are many other choices. Just check that the provider supports payments direct from limited companies.0 -
Thank you both for your reply, some useful advice and links!0
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