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    • CG2017
    • By CG2017 18th Jun 19, 1:33 PM
    • 30Posts
    • 4Thanks
    CG2017
    Advice re: pension (self employed)
    • #1
    • 18th Jun 19, 1:33 PM
    Advice re: pension (self employed) 18th Jun 19 at 1:33 PM
    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
Page 1
    • xylophone
    • By xylophone 18th Jun 19, 3:11 PM
    • 30,154 Posts
    • 18,481 Thanks
    xylophone
    • #2
    • 18th Jun 19, 3:11 PM
    • #2
    • 18th Jun 19, 3:11 PM
    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.
    • Prism
    • By Prism 18th Jun 19, 4:01 PM
    • 962 Posts
    • 733 Thanks
    Prism
    • #3
    • 18th Jun 19, 4:01 PM
    • #3
    • 18th Jun 19, 4:01 PM
    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.
    • CG2017
    • By CG2017 21st Jun 19, 10:46 AM
    • 30 Posts
    • 4 Thanks
    CG2017
    • #4
    • 21st Jun 19, 10:46 AM
    • #4
    • 21st Jun 19, 10:46 AM
    Thank you both for your reply, some useful advice and links!
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