Do you wish to extract money out of your company without paying any tax or National Insurance?
Using a Corporate Pension to save for your retirement has many benefits – the most attractive benefit is that it is a highly tax efficient method of saving. At Johnston Campbell Limited we have extensive experience of working with company Directors and business owners, and understand that your financial planning requirements may be significantly more complex than those of an employee within your company.
An added benefit for you as a Director or business owner is that in making contributions towards a Corporate Pension, any funds you put in will reduce your Corporation Tax accordingly.
As you may be aware, Pension Legislation within the UK has changed significantly following A-Day in April 2006; as a result the limits you can invest in a Corporate Pension will have changed.
At Johnston Campbell Limited we have a specialist Pensions team in place who will be happy to discuss any concerns you may have following the changes in Legislation and how this may impact on your retirement planning.
