Questions and Answers
COVID-19: Can I claim for company pension contributions if I am a director?
I’m a director who receives a basic salary, can I also claim for any pension contributions the company pays into my pension scheme?
Should the conditions for furloughing be met, then an employer can only recover the cost of any mandatory Employer pension contributions under Automatic Enrolment, which is currently 3%.
Where a director is paid a basic salary, then in most cases there is no mandatory requirement for the company to make contributions under Auto Enrolment, so in some instances it will not be possible to make any form of claim for pension contributions.
For our latest COVID-19 news and guidance for your business, visit our dedicated Coronavirus Hub.
We will be updating it regularly as we continue to monitor and digest all the latest information
Date published 7 Apr 2020 | Last updated 7 Apr 2020
This article is intended to inform rather than advise and is based on legislation and practice at the time. Taxpayer’s circumstances do vary and if you feel that the information provided is beneficial it is important that you contact us before implementation. If you take, or do not take action as a result of reading this article, before receiving our written endorsement, we will accept no responsibility for any financial loss incurred.
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