• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "Employer Pension contribution and 'Adjusted Income'"

Collapse

  • Lance
    replied
    Originally posted by subsea

    Probably to complex a question for here. Even some accountants don't fully understand it - look it up "adjusted income and threshold income". There is a difference between listening to someone and assuming they are correct but thanks any way.
    too


    It's not a complex question. And any accountant who cannot understand it, and explain, is a sh*t accountant.

    Even googling your quoted search term comes up with this Tapering of annual allowance for high incomes - Royal London for advisers

    Tapering of annual allowance for high incomes - adjusted and threshold incomes

    This reduces the annual allowance for people with an adjusted income over £240,000 and a threshold income over £200,000.
    which is different sums from what you suggested anyway.

    read this..... Personal Allowances: adjusted net income - GOV.UK (www.gov.uk)
    and get some professional advice. The sums of money involved are such that £500 on advice is a good idea.

    Leave a comment:


  • northernladuk
    replied
    This is what happens when you listen to friends for advice on tens of thousands of your money. Speak to a professional.

    Leave a comment:


  • Lance
    replied
    No.
    As far as I'm aware it is purely an expense for your LTD. and has no tax implications on you as an individual.
    What does your accountant say?

    Leave a comment:


  • subsea
    started a topic Employer Pension contribution and 'Adjusted Income'

    Employer Pension contribution and 'Adjusted Income'

    deleted
    Last edited by subsea; 23 November 2021, 21:14.
Working...
X