Pension Magic 2024/25 - Braun, Nick
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Pension Magic shows you how to build a big retirement pot by enjoying thousands of pounds of extra tax relief on your pension contributions. The 16th edition contains all the latest tax and pension changes, including full details of the new Lump Sum Allowance and Lump Sum and Death Benefit Allowance. The book is written in plain English with dozens of easy to follow examples. It is essential reading for: * Self-employed individuals * Company owners * Salary earners (except those with final salary pensions) * Accountants and financial advisers Subjects covered include: * A plain-English guide…mehr

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Pension Magic shows you how to build a big retirement pot by enjoying thousands of pounds of extra tax relief on your pension contributions. The 16th edition contains all the latest tax and pension changes, including full details of the new Lump Sum Allowance and Lump Sum and Death Benefit Allowance. The book is written in plain English with dozens of easy to follow examples. It is essential reading for: * Self-employed individuals * Company owners * Salary earners (except those with final salary pensions) * Accountants and financial advisers Subjects covered include: * A plain-English guide to how pensions work and how to save more tax when you're putting money in or taking money out * Why higher-rate taxpayers will typically enjoy 41.67% more retirement income by saving in a pension instead of an ISA * How high income earners can enjoy up to 60% tax relief on their pension contributions * How couples can significantly increase their retirement income by correctly choosing who makes pension contributions * How to reduce your capital gains tax bill with pension contributions * Why the recent scrapping of the lifetime allowance makes pensions more attractive than ever * How to save income tax AND national insurance with a salary sacrifice pension * Why company pension contributions are an attractive alternative to dividends for company directors * How your pension savings can be used to buy property for your business * Why pensions are possibly the best inheritance tax shelter there is * Plus lots and lots more
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