There are significant opportunities to mitigate tax by funding pensions either as an individual or as a business owner. Investing in a pensions does tie up your capital until such a time as the pension vests but when you to take into account tax relief on contributions, preferential taxation on the growth of the funds and up to 25% of the fund tax free, there is a strong case for exploiting the tax breaks associated with pensions.
Please take a look at our
pensions section.
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