SIPP contributions from my Ltd Company or personal bank account?

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northernladuk replied

5 June 2020, 12:37
Do you have an accountant?
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rootsnall replied

3 June 2020, 13:21
Not sure you have posted in the right area here !

Pay it direct from your Ltd, by far the most tax and NI efficient. Ask Vanguard for the process. You can pay £40k a year and can backdate for 3 years (?) if you had any pension open in the previous 3 years.

Pension Carry Forward: Annual Allowances & Rules | HL

Last edited by rootsnall; 3 June 2020, 13:26.
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Avalanche20 started a topic SIPP contributions from my Ltd Company or personal bank account?

3 June 2020, 11:28
SIPP contributions from my Ltd Company or personal bank account?

Hi All,

I am an IT consultant currently outside of IR35 with some money in my Ltd company.

I am just about to start a SIPP with Vanguard. Do I ....

Pay from my Ltd Company Bank Account

Pay from my personal account

Can I only pay in a max of £8600 per year (my current wage)

If I take an inside IR35 Umbrella job for the next contract and close the company, then what?

Thanks in advance

P
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