13.01.2022
Pre Tax Year end planning
After the success of my 12 monthly tips in 2021, It made sense to continue but focusing on Tax Year End planning.
First tax year planning tip……
Pay into a pension scheme
- Contributions to your employer's pension scheme (including any additional voluntary contributions you make) can be made from your gross pay, before any tax is charged.
- The government will top up your pension with tax relief, giving you a free bonus for saving for retirement.
Did you know?
If you're married or in a civil partnership, you can transfer any unused personal allowance from the lower-earning partner to the higher earner…
To know more, keep your eyes peeled for the next planning tip.
I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…