You cannot underestimate the benefit of a pension scheme for tax. As a basic rate taxpayer if you make a contribution of £80, it is automatically topped up by the taxman to £100, which is an immediate guaranteed return of 25%. For a higher rate taxpayer, this has a 66% uplift immediately from £60 to £100.
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TRUMP SPARKS GLOBAL SELL-OFF WITH CHINA TRADE SANCTIONS
This week the late news that Donald Trump has singled out China for $60 billion in tariffs, after giving most countries a pass, has led to a dramatic escalation in trade war fears.
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£109 billion in overcharging investments
By Worldwide Financial Planning
Categories
Investment
Yes, for sure, the market might be up, but how much did you pay to be ‘up’, and how ‘up’ are you?