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COUNTDOWN TO END OF TAX YEAR - PENSION CONTRIBUTIONS

  • Lorraine McGonigle
  • Mar 15, 2021
  • 1 min read

• Make the most from your allowance

• When you make a personal contribution to a pension, you will automatically receive basic rate (20%) tax relief at source, regardless of how much tax you pay.

• Every UK resident under age 75 qualifies for it, including limited company owners and sole traders.

• There are important limits on how much you can contribute tax efficiently.

We can help, get in touch if you would like to discuss your 2020/21 end of year planning and tax position


 
 
 

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