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Making pension contributions from the business account

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    #11
    In theory your accountant should not advise on the type of pension you should contribute to. However he/she should know the tax implications!!! A great way to save corpoartion tax is by paying into a pension and you can actually pay the full profits of the company into a pension if the Director so wishes.

    ie £100k turnover less £100k pension = no profit or corp tax.

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