Pension Magic shows you how to build a big retirement pot by claiming thousands of pounds of extra tax relief on your pension contributions.
The 8th edition was published in May 2018 and contains fully updated guidance.
Pension Magic is written in plain English with dozens of easy to follow examples. It is essential reading for:
All self-employed individuals
All company owners
Salary earners (except those with final salary pensions)
Non-working spouses
Accountants and financial advisers
Subjects covered include:
All relevant changes announced in the most recent Budget
A plain-English guide to the new pension rules: how much you can put in, how and when you can take money out and how to maximise your tax savings at every stage
How a couple can increase their retirement income by over 30% by correctly choosing who makes pension contributions
Why pensions are much more powerful than ISAs, delivering up to 42% more after-tax income
How to boost your pension contributions by up to 34% with a salary sacrifice pension
How higher-rate taxpayers can calculate their optimal pension contribution and enjoy the maximum tax relief
Why company pension contributions are now an attractive alternative to dividends for company directors
How landlords can use pension contributions to beat the reduction in mortgage tax relief
How parents claiming child benefit can receive a tax refund of up to ? for every ?0 they invest in a pension
Benefits and drawbacks of withdrawing pension savings to invest in property
Pension strategies for high income earners
How to avoid being hit by the pension recycling rules
Why pensions are now one of the best inheritance tax shelters