Re: Tax Year
As much as it seems unfair to tax personal pensions, I always thought so too. However, looking at it for what it is tax relief was given on the contributions paid into those personal pension schemes, that allowed more to be invested into the 'pension pot' to provide the pension. Now that relief is 'taken back' by HMRC in the form of tax on what is paid out by way of your personal pension. There is no income tax on the State Pension.Re: Tax Year
Re: Tax Year
Re: Tax Year
Re: Tax Year
Takes me back spitty, used to do all my tax returns and I was VAT registered also. Spent many late nights sorting out my books and issuing invoices after 12 hours on the road. Sometimes returning home after midnight and removing the sump plug and oil filter before turning in so I could replace oil and filter before my first job came in......Re: Tax Year
Re: Tax Year
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