SIPP contributions direct from my Limited Company

jfjuk

NedS said:

jfjuk said:

My mistake, I meant to say 'I employ myself through my Limited Company' (I am the only employee of that company).  I also have income from a short term holiday let (AirBnB) property which I believe is allowable rental income and would top up my individual income and therefore increase the total amount I could contribute to a pension.

Just to be clear - your rental income does not count toward your personal pensionable income so it does not count towards the amount of earned income against which you can make personal pension contributions. For the sake of pension contributions it should be ignored.

I was advised income from holiday/short lets was treated differently to AST rental income.

NedS

jfjuk said:

NedS said:

jfjuk said:

My mistake, I meant to say 'I employ myself through my Limited Company' (I am the only employee of that company).  I also have income from a short term holiday let (AirBnB) property which I believe is allowable rental income and would top up my individual income and therefore increase the total amount I could contribute to a pension.

Just to be clear - your rental income does not count toward your personal pensionable income so it does not count towards the amount of earned income against which you can make personal pension contributions. For the sake of pension contributions it should be ignored.

I was advised income from holiday/short lets was treated differently to AST rental income.

OK, yes, it could be if you are providing a service (e.g, breakfast, cleaning rooms, changing linen) rather than just being a landlord. My apologies - I just saw rental income and didn't look further.