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
- One of the biggest advantages of pension saving is that you can pay into a pension to reduce tax. All the money you pay into a pension qualifies for tax relief, which provides an instant boost to your savings and helps the fund to grow faster than other kinds of investment
Next planning tip pending...
