The Government made significant changes to the taxation of pension contributions earlier this year, providing savers with an opportunity to put more away for the future tax-free.
Understanding the ins and outs of these changes can be complicated and require careful consideration, which is why our experienced team at Milsted Langdon has put together helpful guidance:
Pensions – Our guide to making the most of the new allowances.
Learn more about changes to:
- The abolition of the Lifetime Allowance
- The increase to the Annual Allowance
- The uplift to the Money Purchase Annual Allowance
- How you can reduce your overall tax liability with careful planning
- To find out how we can help you put a tax-efficient retirement plan in place
To find out how we can help you put a tax-efficient retirement plan in place get in touch.