Pension contribution limits

[Flux man]

Hello,

I am a director of a limited company who does the usual of low salary (around £10k) and then takes dividends.

I'm been trying to research maximum employer (company) contributions all morning but find conflicting information (i.e. how much the company can pay into a director's pension).

I've read that maximum personal contribution is the lower of £40k or gross salary (so in my case £10k).
But I've also read that the company can pay up to £40k no matter what the salary is? Is this the correct, or is the limit £10k no matter where the money comes from?

Many thanks for any info (and if links to evidence could be provided that would be great haha).

 

[GLAbusiness]

Company can pay in £40k, regardless of salary

 

[AdrianE]

Company can pay in 40k gross, subject to your other sources of income, as your pension allowance could be “tapered” or reduced, where your adjusted income exceeds £240k per annum. You may also be able to carry forward unused pension allowances from the three previous tax years if unused in which case you could contribute more than 40k. Employer contributions must also be “wholly and exclusively” for the purposes of a trade and can be treated as an expense for the purpose of corporation tax.