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Tax credits split

  • 15-10-2018 8:22pm
    #1
    Registered Users, Registered Users 2 Posts: 403 ✭✭


    Hi I'm just wondering I'm in full time employment and also director of a limited company which I pay myself a very small wage from every week my tax credits are split between the two.do I have to pay myself a wage from the company could I use this wage to pay into a pension instead and allocate the tax credits to my full time employment thanks.


Comments

  • Registered Users, Registered Users 2 Posts: 38 spoiler


    You would need to get proper pension advise but to pay into a pension you need to take a wage but yes it would be good idea to have the ltd company pay into a pension for you. Get pension advise a lot of the banks offer pensions or there are independent ones.


  • Registered Users, Registered Users 2 Posts: 403 ✭✭bizidea


    Thanks spoiler will seek independent advice not sure if id trust a bank with a pension plan


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