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Should I contribute personally or from my limited company?

The differences between personal and company contributions.

Written by Royden Greaves

Both personal and company contributions come with some tax advantages.

Personal contributions are entitled to a top-up from the government, typically 20% if you’re a basic rate taxpayer. If you are a Higher-rate, or Additional rate taxpayer, you can claim further tax relief through your self-assessment tax return.

Contributions from your limited company are an expense to the business, so won’t be subject to Corporation Tax.

Generally, limited company contributions help your money go a little further, since you’re not paying both Corporation Tax and income/dividend tax before you save.

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