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Guaranteed minimum 99% investment allocation

Directors Pensions

There is no better way of a director converting company money into personal wealth than through a pension plan. Some of the benefits are:

  • Corporation tax relief on all contributions
  • Tax free growth within the pension
  • No benefit in kind implications
  • Early retirement
  • 25% of the fund as tax free cash

As a proprietary director (owning more than 5% of the company), you are able to have the company fund your pension, and make far more significant contributions than a sole trader for example. The table below shows tha amount of salary a company may pay for a director, assuming 10 years service at retirement, and no existing pension fund:

Age Maximum Annual Contribution, (as % of salary)
35 112%
40 123%
45 142%
50 178%

Simple financial solutions will advise you and your company how to make your company pension plan work best for you, whether you need advice on the amount of contribution, company or personal, what to invest in i.e. equities, property etc.

Simple Financial Solutions
The Crescent building, Northwood,
Santry, Dublin, Ireland

Tel: 01-6510323 | enquiries@simplefinancial.ie | Web Design Dublin