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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