Required documentation to start employer pension contribution using own ltd company

[TheFaQQer]

is there any such requirement for starting pension contribution on behalf of employee.

No

[samsg30]

Well it appears you have an accountant so why are you not asking him these questions. You are paying for his professional services after all.....

good suggestion
I already asked before coming here and they think there isn't. Guess forum has more professionals who can answer this.

[northernladuk]

Accountant believes pension contribution from company is good and so as many other articles I have read... so I am definitely going to contribute towards it.
Its just I am not clear on the documentation to keep.

Pension once started will be paid from company's account and managing company would know this is employer's contribution.
But like starting childcare voucher scheme, company has to produce some documets, is there any such requirement for starting pension contribution on behalf of employee.

Well it appears you have an accountant so why are you not asking him these questions. You are paying for his professional services after all.....

[samsg30]

Accountant believes pension contribution from company is good and so as many other articles I have read... so I am definitely going to contribute towards it.
Its just I am not clear on the documentation to keep.

Pension once started will be paid from company's account and managing company would know this is employer's contribution.
But like starting childcare voucher scheme, company has to produce some documets, is there any such requirement for starting pension contribution on behalf of employee.

[TheFaQQer]

Please could you advise what documents do I need to prepare officially to show company is now starting employee contribution.

I make a regular payment into the pension plan for myself and the company secretary. We have no company paperwork for this, just a regular payment that comes out of the bank account each month.

My accountant asked me to check that the pension company were aware that these were employer contributions rather than employee contributions, which they were.

[Clare@InTouch]

Talk to your accountant and your IFA, and see what's more tax efficient before you do anything. Also ensure that the pension company is give the correct information on whether to treat the contributions as net (employee) or gross (employer).

[kevpuk]

I normally just grab a crayon and scribble on a Post-It, then stick it on the fridge in case anyone needs to know.....


Seriously, though, what does your Accountant say? Have you considered the best approach of making pension contributions, i.e. direct from YourCo or from personal funds - there are differing schools of thought and benefits et al., depending on circumstance. Did I ask what your Accountant thinks?

[samsg30]

Hi,

I am going to start contribution towards employee pension (which is me) using my own limited company.
Please could you advise what documents do I need to prepare officially to show company is now starting employee contribution.

I am not even sure if I do need to prepare any document at all or not.
e.g. minutes of meeting, memo distributed to employee showing company interested in pension contribution, ID proofs etc

Thanks.