Pension help please

Hi, I'm sure loads of you know the answers to this as I probably should-but don't
Can directors of a company pay into a private pension (nothing to do with the company) out of the company bank account and put it as an expense on the p&l a/c?
If so, is there a maximum limit as to how much they can pay in per year-please?
Many thanks for the anticipated help
Nicola:001_smile:
Can directors of a company pay into a private pension (nothing to do with the company) out of the company bank account and put it as an expense on the p&l a/c?
If so, is there a maximum limit as to how much they can pay in per year-please?
Many thanks for the anticipated help
Nicola:001_smile:
0
Comments
No. The company can pay into a company pension scheme for the director(s) and claim it as an expense.
Or, the directors can pay into a personal pension with money that's been extracted from the company by the normal route (salary/div).
Many thanks both of you for taking the time to respond
Would it be more tax efficient to post the personal pension payments to the director's loan account and raise the necessary dividend vouchers against the personal pension payments?
No.
No.
I'm assuming these are company contributions to a personal pension (paid in gross) and not simply paying the directors own contributions via the company account (paid in net).
I got that bit right