by hollyelaine | Jun 29, 2020 | long term care, tax
A recent study has revealed the unexpected environmental impact of Europe’s coronavirus lockdown. Acknowledging the ‘widespread human suffering’ that Covid-19 has brought, the Centre for Research on Energy and Clean Air goes on to confirm the impact of improved air...
by Psyphadeejay | Dec 19, 2017 | pensions, tax
Try these loopholes to maximise your pension 1 You are over age 55, and already receiving your drawdown pension. Invest up to £4,000 per year into a pension, you pay £3,200 net and this is topped up by 20% tax relief. Immediately you withdraw the money. The first 25%...
by Psyphadeejay | Mar 19, 2014 | pensions, tax
Investors with large pensions could find themselves facing a 55% tax charge on 6th April 2014 if they do not take the neccessary precautions to protect their retirement pension fund. The total amount you can hold in a pension, called ‘the Lifetime Allowance’, will...
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