If you own a limited company it is advisable to chat to us about your pension scheme as it can have significant tax advantages. 

Pension contributions are treated as an allowable expense and can be offset against your company’s corporation tax bill. 

A director’s pension is a tax efficient way of saving, but it is not just about saving for retirement. What is right for you and your business is unique to you. 

As the director of a limited company, you are able to make contributions to a company director’s pension, both as a business and as an individual, or as ‘employer’ and ‘employee.’

By funding your pension annually from spare cash in your business, not only do you move money out of your business tax efficiently; you’re also helping to protect your future wealth by moving the money out of your business account and into your own personal pension/trust – this is especially important as no one knows if something negative might happen to your business in the future. 

The advisers at Albion House Wealth Management will make sure the advice is bespoke and personal to you. They make time to get to know their clients and what works for you and your businesses, by chatting through the salary you take from the business, pension tax relief limits and the dividends taken from your company. 

There is no one size fits all approach here and what the team pride themselves on is personal service and a friendly and professional approach.