Anyone born before April 1960, with the good fortune to possess a pension, now has some alluring options. From April, people aged 55 plus will be able to extract their pension pot without the present punitive tax rate of 55 per cent. While a marginal rate of income tax will still apply, anyone who opts to "take the money" will be able to get their hands on the majority of it – and, as a bonus, a quarter is tax-free.
from - Travel RSS Feed http://ift.tt/1Ll9YDK
via IFTTT
0 comments:
Post a Comment