I have a small limited company, shareholder and director is one in the same, no employees. He does a limited amount of outside catering about 30k a year (its a side line for him). The company has undistributed profits of 50K. He has started a SSIP for pension and wants to lift 30k from the company as a pension contribution. His financial advisor has advise him that this is fine. I am concerned that HMRC may decide that this is dividend, any advice please.
19th Sep 2017
Is a pension contribution allowed???
Will HMRC allow
Share this content