After long period as a permie I've taken the decision to get back to contracting. This time I'll be using a brolly as I fully expect to be IR35 caught.
I have SIPP which contains all my pension assets accumulated over the years which I manage myself. Ideally I would like to have contributions made into this by my 'employer', rather than signing up for their own bucket-shop stakeholder job. The question I'd like to ask is... is it ok/legal for a brolly to do this ?
I know I could simply take the maximum salary and make personal contributions into my SIPP, but that's after EE/ER NICS have been deducted and the SIPP provider can only reclaim the TAX. As I understand it, if my emploer paid directly into the SIPP, there would only be a liability for NICs on the balance which is then paid in salary.
Can anyone confirm this and better still, suggest any brollies that are happy to do so. I have already approached a number and have been told they won't do it... although a couple have said it's not a problem.
If anyone else is doing this, which brolly are you using.
I have SIPP which contains all my pension assets accumulated over the years which I manage myself. Ideally I would like to have contributions made into this by my 'employer', rather than signing up for their own bucket-shop stakeholder job. The question I'd like to ask is... is it ok/legal for a brolly to do this ?
I know I could simply take the maximum salary and make personal contributions into my SIPP, but that's after EE/ER NICS have been deducted and the SIPP provider can only reclaim the TAX. As I understand it, if my emploer paid directly into the SIPP, there would only be a liability for NICs on the balance which is then paid in salary.
Can anyone confirm this and better still, suggest any brollies that are happy to do so. I have already approached a number and have been told they won't do it... although a couple have said it's not a problem.
If anyone else is doing this, which brolly are you using.
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