What is more beneficial? Paying your pension yourself or paying it through your limited company?
The example above shows that for a higher rate tax payer it is better for the company to pay. In this example the individual would need to find another £5.33 per £100 to be in the same position as if the company had paid.
For a basic rate tax payer it is still advantageous for the company to pay although the amount falls a little to £5.08.
The first step in working together with us is to book a 15 minute Discovery Call with one of our Client Coordinators to find out whether we'll be a good fit for you and your business.Book a Discovery Call
Give us a referral and we will donate a goat to a family in AfricaFind out more