Tax Free Savings And Personal Pensions
Money : Saving If you have an approved pension scheme then in most cases the money you put in will have income tax relief at the highest rate. Therefore you will be able to save money tax free and take out a lump sum on retirement. Of course, when interest rates are low it means that the pension may be lower unless of course you do something more complicated like link into the stock market.
Questions about tax planning:
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