View Full Version : Pensions - Any Advice?


missb
11-09-2005, 17:15
I started back at work last week and the subject of pensions arose. Does anyone have any advice re: pensions in general.

willman
11-09-2005, 17:17
why worry about it being taxed. the state gives you 25% free for having a pension anyway, if you therefore are on lowest tax level when u draw a pension you ar eonly giving them there money back.

Andy
11-09-2005, 17:17
You should not be taxed on money that you put into a personal pension. For that reason they are often considered to be a good way of preparing for old age. You will be taxed on the income from your pension when you draw it.