Been searching for a while. Some umbrellas are crap for pension and only do the minimum - the rest has go in via AVC so you negate the NI saying.
Danbro let you treat all pension contributions as employer contribs. So you're saving ALL the NI (inc employer NI I think?). Same with childcare vouchers - but limit is £28 per week assuming you're higher rate tax payer.
So for most people, its case of £100 in pension or around £50 in pocket. Seems like a good opportunity to me to stick it in pension.
Thats what I plan to do - when I've finished with umbrella I can then transfer the pot to my existing HL SIPP.
Danbro let you treat all pension contributions as employer contribs. So you're saving ALL the NI (inc employer NI I think?). Same with childcare vouchers - but limit is £28 per week assuming you're higher rate tax payer.
So for most people, its case of £100 in pension or around £50 in pocket. Seems like a good opportunity to me to stick it in pension.
Thats what I plan to do - when I've finished with umbrella I can then transfer the pot to my existing HL SIPP.
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