Employer contribtions to SIPP - but receiving minimal income

Employer contribtions to SIPP - but receiving minimal income

Author
Discussion

Sparkysea

Original Poster:

614 posts

148 months

Saturday 11th February 2017
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Hi all

I am an employee of my limited company. I pay myself a salary and dividends as I need it. I also receive an income from lodgers and tenants. At the moment I mainly using my income from my lodgers and tenants to live off.

I wish to build up my SIPP. Please can you advise whether I can make employer contributions from my limited company into my SIPP without paying the same or similar amount to myself as income?

Your suggestions/advice would be most welcome

Sparky

Sparkysea

Original Poster:

614 posts

148 months

Wednesday 15th February 2017
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Many thanks. Do you know if there would be a limit ie of money I can add per year
Sparky

Sparkysea

Original Poster:

614 posts

148 months

Thursday 16th February 2017
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Ok Guys, many thanks for your responses... just wanted to make sure I'm doing everything on the right side of the law and all that...
Sparky

Sparkysea

Original Poster:

614 posts

148 months

Monday 20th February 2017
quotequote all
Sorry just want to check this again... I was wondering if Eric could answer please as I understand he is an accountant....

Is it correct that even if I do not have any relevant UK earnings, my employer can still make contributions up to the annual allowance (currently £40,000) to a SIPP.

Thank you