I have client with a limited company and the following personal details for the last few tax years:
2017/18: £10k Salary + £0 pension contributions
2018/19: £10k Salary + £40k pension contributions
2019/20: £10k Salary + £40k pension contributions
2020/21: £10k Salary + £40k pension contributions
Can the company contribute an extra £10k or £40k before 05/04/2021 without a pension tax charge on the director?
The director hasn't withdrawn anything from their pension pot. Has been a member of a pension scheme since 2000 (although only recently joined the pension scheme he will actually contribute to). Director is the only director-shareholder and does all the work on behalf of the company. There will still be a profit in the company even after the contribution.
Are NRE irrelevant where a company is making the contribution?