Quote:
Originally Posted by Tony Harris
whereas the pension route would mean that the money could be drawn out of the company without the taxman recieving a penny.
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perhaps the word "initially" should be added there!
Annnnnnnnyway..hello new forum. Was just waking this up as I'm having a hard time finding the specific advice from HMRC on this one. Please do you have any links to their website that states pension contributions can be many many times larger than salary (other provisos met)?
Would really appreciate it as ClearSky / Quay Accounting are advising a contribution in line with salary.
Thanks
Oliver