Contributing to a pension can be one of the most tax-efficient ways for business owners and company directors to save for retirement. Lower your tax bill and increase your pension fund simultaneously. It can also be a great way of extracting company profits and funding long-term financial security.
Pension contributions can be treated as an allowable business expense and can therefore be offset against your company’s corporation tax bill.
We specialise in bespoke pension solutions. The pension schemes available to company directors are attractive in that they are able to hold a much wider range of assets than workplace and personal pensions.
These arrangements can invest in shares listed on any HMRC recognised stock exchange; investment funds such as unit trusts and open-ended investment companies (OEICs) deposit accounts with any UK authorised financial institution as well as commercial property including land.
Pensions for company directors can be arranged on either a personal or group basis.
Please note: The Pensions Regulator is the statutory regulator for workplace pensions. The Financial Conduct Authority does not regulate auto enrolment, occupational pensions and taxation advice. The value of your investments can go down as well as up, so you could get back less than you invested. Past performance is not a reliable indicator of future performance.