Okay why would you want to move away from pension planning? Maybe you’ve got to retirement and suddenly realised that after you’ve drawn your pension and got any state benefits that your entitled to, that you just don’t have enough to live on. What then ? Well there is more that you can do forContinue reading “Moving away from Pension planning for 5 minutes”
Monthly Archives: March 2011
Back to the old pension world.
So there you go additional rate for tax relief on pensions for a higher rate payer (50%). Yes great if your a higher rate tax payer you can add £16,000 to your pension, the taxman automatically adds £4,000 and you claim an additional £6,000 via your tax return. At this point I have to stopContinue reading “Back to the old pension world.”