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TAX CONSEQUENCES OF HAVING PENSION CONTRIBUTIONS IN UK

tax consequences of pension contributions

Pension contributions have tax consequences when contributed by taxpayers. Growing old is an inevitable aspect of life. As an individual age, they expectedly reduce their strength and capacity to work as much as they used to. It is, therefore, essential that effective and beneficial plans for their old-age days are put in place. Pension contributions […]

Pension contributions in the Uk

Pension contributions

Pension contributions are the retirement plan for the future by putting something aside to live on when you grow old. The main idea with a pension is when individuals get old, they have less strength to work compared to when they were younger. Pension comes in different forms, all of which have specifications. There are […]