June 2023

How to maximise your pension plan tax efficiently as a company director

How to maximise your pension plan effectively as a company director

As a limited company director, securing a comfortable retirement is no doubt a priority. But, as accountants, we see many directors who are not making pension contributions through their company and therefore missing out on a valuable tax-saving opportunity. Company directors can benefit from extracting money from their business through pension contributions of a value

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guide to borrowing and loaning from your limited company

Guide to borrowing and loaning to a limited company

Lending to your own company is a good way to grow your business and can come with tax benefits. Like most financial transactions, there are tax implications. Lending/borrowing money from limited companies has risks and benefits: Risks: Non-repayment Associated tax risks Possible strain on company cash flow Benefits: Access to additional capital Flexibility Tax advantages

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