My client is a trading company which is proposing to make large pension contributions for the directors. Will the company be able to get a deduction from trading profits for the contributions?

Deductibility

For the contributions to be a deductible expense for the company, firstly they would have to be wholly and exclusively incurred for the purposes of the trade in line with CTA 2009 section 54. Whether an expense is wholly and exclusively is always subjective and each case would have to be considered as to the reason for the contribution.