financial planning that works for you
Don’t miss out on tax relief at higher and additional rates
Currently, members of UK registered pension schemes can claim tax relief on their personal contributions at their highest marginal rate. This means that basic rate taxpayers receive 20% relief, higher rate taxpayers receive up to 40% and additional rate taxpayers receive up to 50%.
This can be a real benefit to encourage pension savings.
But there’s current speculation in the market that the government may be considering the whole question of pension tax relief and any changes could be made as early as Budget Day, which takes place on 21 March 2012.
Contact us today on 01472 362899 to make the most of your available tax relief!
© 2012 evolve wealth news team
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