Tax Relief On Pensions – Why It Pays To Save For Retirement

Tax relief is one of the best features of using a pension to save for retirement.

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When you pay into your pension, some of the money that would have gone to the Government as tax goes instead into your pension pot, which can help reduce the amount of tax you pay and boost your savings.

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Read our latest Active Practice update to find out more about how pension tax relief works, limits on tax relief you can receive and tax-free lifetime allowances. PWP-March-2023-APU-Tax-relief-Green

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If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200.