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Tax relief on SIPP Contributions for Director

I am controlling Director of my Company. If my company makes contributions in to my SIPP (which it books as a business expense) am I still able to personally claim tax relief on these contributions in to my SIPP up to a maximum of £60,000 pa

Comments

  • HappyHarry
    HappyHarry Posts: 1,822 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    No.
    You can claim tax relief on personal contributions, but not employer contributions.
    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
  • SparkyNI1967
    SparkyNI1967 Posts: 2 Newbie
    First Post
    Thanks, I did suspect that would be the case (Otherwise too good to be true)

    NotsoHappy Sparky :)
  • snarffie
    snarffie Posts: 463 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 1 July at 1:48PM
    You're already paying 0 income dividend tax on the contribution as well as that lovely corporation tax saving, so it's a fantastic way of bulking up the SIPP.
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