If I open a SIPP and start making personal contributions can my Limited company also make contributions on my behalf as my employer?
Is this a thing & if it is, is it allowed on T212
TIA
Wade
If I open a SIPP and start making personal contributions can my Limited company also make contributions on my behalf as my employer?
Is this a thing & if it is, is it allowed on T212
TIA
Wade
Yes it can.
At the moment T212 SIPP doesn’t allow that.
I do this in AJ Bell with my limited company.
I’m doing a partial SIPP transfer to T212, keeping AJ Bell open to facilitate employer contributions which can then be transferred to T212 ( cash transfer).
While T212 doesn’t support direct company contributions to SIPPs, you can explore using platforms like AJ Bell for initial contributions. One approach includes a virtual office with mail forwarding to streamline operations and maintain a professional image, which I’ve found beneficial for my small company. It simplifies managing various tasks and enhances business flexibility, making it easier to handle things like pension contributions indirectly.