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Previously on "LTDC pension payment Question"

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  • Jessica@WhiteFieldTax
    replied
    There are two limits. Both apply:

    1. £50k, with the possibility of carry forward.

    2. An amount which is (paraphrasing) "commercial" for the nature of business/ individual. This could be problematic, is someone "worth" whatever. In reality for a PSC, it's a straw argument and not really a issue, on the basis that commerical=what the market will pay you=company income.

    Leave a comment:


  • diesel
    started a topic LTDC pension payment Question

    LTDC pension payment Question

    Is there a limit that my ltdCo can make contributions to my SIPP?

    Currently i have paid over £12k to my pension but someone mentioned to me there maybe a limit. I though limit was £50k annual contribution.
    (i pay myself a monthly wage of £620pm and dividends to reach limit of 40% level)

    any help welcome.

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