1eyeonthefuture
Registered User
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Hi
Employee is a Company director with a share allocation (under 10%)currently enroled in a Executive Pension Plan.
If employer agrees to increase monthly contributions or indeed do an annual 20k contribution to the directors pension plan what are the ramifications for the company? Are they able to offset the payment against corporation tax?
Any tax implications for employee?
Many thanks
Thanks
Employee is a Company director with a share allocation (under 10%)currently enroled in a Executive Pension Plan.
If employer agrees to increase monthly contributions or indeed do an annual 20k contribution to the directors pension plan what are the ramifications for the company? Are they able to offset the payment against corporation tax?
Any tax implications for employee?
Many thanks
Thanks