Pension considerations at tax year end - a step-by-step approach
Calculating client’s pension allowances, particularly at tax year end, can be complex. FundsNetwork’s pension and tax experts Paul Kennedy and Paul Squirrell, take us through the many steps necessary when assessing a client’s position before making a pension contribution.
From the critical starting point of tax relief, they also discuss in depth:
• Annual allowances
• The tapered annual allowance
• Carry forward
• Money purchase annual allowance and the triggers
• Exceeding annual allowances
• The lifetime allowance
The video can be viewed within the ‘Tax year end support’ area of the FundsNetwork website, where you will also find a wide range of support material for you and your clients at this time of year.
Watch the video>>