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Pension Planning – Changes to the Lifetime Allowance

Pension Planning – Changes to the Lifetime Allowance

Posted by
Gareth Rose
in
Advice for Healthcare businesses
On March 13 2012

How can I manage my Drawings Tax Efficiently?

In the current economic climate everyone is looking closely at their own finances, from income to expenditure on utility bills etc. But for GPs, how many look at their pattern of drawings and how this can be used to minimise income tax? With income tax at 40% for higher rate taxpayers and 50% for those with taxable income above £150,000 even relatively simple steps can provide significant savings.

Posted by
Gareth Rose
in
Advice for Healthcare businesses
On February 10 2012