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SIPP tax savings rate
SIPP tax savings rate
Thanks for the reply. I'm not sure of the calculations either (I am not an accountant)- however the example calculations I gave were just really to try to determine the marginal tax savings rate I would get if the company makes a a contribution...
I am a contractor outside of IR35. I am trying to determine the tax savings if the company contributes to my SIPP.
Say the company makes £100,000 net (after expenses + paye payment). Corporate tax would be £20,000. I would take the balance of £80,000 as a dividend. As £32,000 is free of...