The Tax Knowledge Centre by ETC Tax – Specialist Tax Advice & Financial Tax Related Matters – All the info you could need in one place…
Pension schemes provide a great opportunity to utilise tax efficient options in relation to contributions, growth and payments out, from a scheme.
Despite this, statistics continue to show low levels of confidence in pension schemes. For many, pension schemes remain unpopular, with taxpayers commonly citing the limited level of and return compared with other investment opportunities, such as property, as well as undesirable restrictions on the use of the money and the timing and form of the benefits.
However, with specialist advice, pension schemes can offer one of the most attractive, tax-efficient option for employees, employers and business owners and may even be used with a level of flexibility and control in certain circumstances.
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