Company Pension Fund Administration Costs - Is This An Allowable Company Expense

[iguy2008]

Hi

I have read many posts about what to do with the warchest so have opened a company pension with the maximum amount allowed. I read around and it was advised to pay the charges separately rather than have them paid from the fund, to maximse the investment capital over the life of the fund.

I have now received the charges for the administration of the pension and wondered whether this can be deemed as a company expense or whether I have to pay for it privately ?

I can of course change it and have future payments deducted from the capital if required.

Any thought are welcome.

Thanks - Iguy.

[Kenny@MyAccountantFriend]

If your company has setup the pension for you this would be a business expense and therefore an allowable expense for the company.