Where this fits
We can work out how much a partner can pay in this year, with carry forward.
Sunny Bharj
Independent Financial Adviser
Tony Springer
Independent Financial Adviser
A member of an LLP pays into a pension personally. The provider claims 20% basic rate relief and adds it, and higher or additional rate relief is claimed through Self Assessment. Relief is limited to your relevant UK earnings, which include your share of the partnership's trading profits, or £3,600 if that is higher.
A payment made from the partnership account can count as your own contribution, where it is clearly a contribution by you and is charged to you. It is not a business expense of the LLP. Paying a partner's personal spending is treated as a share of profit.
A member who meets all three salaried member conditions in the Income Tax (Trading and Other Income) Act 2005 is taxed as an employee. The conditions cover disguised salary, influence over the LLP and the capital contributed.
HMRC Pensions Tax Manual PTM044100 and PTM042200; gov.uk, tapered annual allowance and adjusted net income. Checked 13 October 2026. 2026/27 rules. The Budget on 28 October 2026 can change them.
A partner's tax relief on pension contributions is capped at their relevant UK earnings, or £3,600 if higher.
A payment from the partnership account counts as the partner's own contribution when it is clearly theirs and charged to them.
Through your Self Assessment return. The pension provider adds the 20% basic rate relief to the contribution.
We can work out how much a partner can pay in this year, with carry forward.
Independent Financial Adviser
Independent Financial Adviser
The first conversation takes about twenty minutes and is at no cost to you. Tell us what is on your mind: a pension you have lost track of, a fixed rate ending, a will you keep meaning to write.