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Tax Chat

Yes, pensions are good ?

Yes, pensions are good ?

For some time now, many of us have been sceptical about the advantages of pensions, restricted access and penal charges on death made them less than attractive.

The good news is that changes introduced with effect from 6 April solve both of the above problems and make pensions a much more attractive investment.

Pensions can now offer you inheritance tax, capital gains tax and income tax relief, with the possibility of preserving many tax relief’s for your beneficiaries.

However, make sure that you take proper tax and pensions advice before making any changes to your pension planning.

These beneficial changes have already brought a number of unscrupulous individuals out of the woodwork.
Contact Lesley Sutton on 01484 550 037 or email for further help or advice.

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