This guide offers a detailed look at pensions tax planning for high earners with guidance on how to best mitigate a high tax bill
The rising tax burden on income
Planning could help you to lessen the rising tax burden – and we’re here to help.
Contribution planning
Pension contributions can offer a particularly effective way to reduce your tax bill whilst also helping you to prepare for retirement so you should make sure you are aware of all the options.
Taking control of your pension plan – SIPPs
If you want more control over how your pension funds are invested, you may want to consider a SIPP, which allows you to choose how your savings are used.
Withdrawing money from your pension
Careful consideration is needed of what level of withdrawal may be appropriate, and what investments should be encashed to provide it.
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Retirement planning is complex, and has been made even more so by constant changes to the rules. We make it our business to stay up to date with the latest developments, and to help clients take full advantage of the available tax breaks.
