Dear Sir/Madam, how do I record my partner’s pension savings? This cost is not tax deductible, but it does provide a tax benefit in our joint return at the end of the year. Thank you in advance for your answer.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Dear Sir/Madam, how do I record my partner’s pension savings? This cost is not tax deductible, but it does provide a tax benefit in our joint return at the end of the year. Thank you in advance for your answer.
Because your partner's pension savings are a private expense and not a business expense for the sole proprietor, they are not treated as a professional expense in the accounts.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.