The Tax Year end is rapidly nearing and its time to review your options for saving tax and improving your retirement and savings opportunities.
Pensions maybe an excellent place to start if you are looking to make best use of tax relief and improve your potential income in retirement.
Don’t forget that you don’t have to be old to retire, you just need to have a large enough fund to keep you in the life style that you want in retirement.
Effective tax financial planning is a complex subject. It’s only at the end of the tax year that you have all the pieces to complete the planning jigsaw, but there are steps you can take now to get ahead of the game and give yourself time to put plans in place. With only a short time until 6 April, there’s no time like the present to get started.
Johnson Gibbs can help you to achieve this. Contact us to discuss the best way forward for your personal circumstances.