Higher Rate Tax-Payers

Investing into personal pensions is a smart move for higher rate tax-payers who benefit from tax-relief at their highest rate. As successive budgets have increased stealth taxes there has been much speculation that pension tax-relief might at some point become more restricted. Our advice is that you take advantage now.

Higher rate tax payer have the option of either funding their pension more cheaply than basic rate taxpayers or using the same contribution to build a larger pension fund.

A higher rate tax-payer will also appreciate the benefit of no capital gains tax and no higher-rate income tax on pension growth and pension investment yield.

Another way higher-rate tax payers often look at pensions is as a means to defer income until a future date when perhaps they will no longer be liable for the higher rate.

For more information on the tax and other the benefits of pensions Contact Us or use the Enquiry Form.

"Wealth stays with us a little moment if at all: only our characters are steadfast, not our gold." - Euripides