Have you maximised the government contributions into pensions for your children?
Tip: You can contribute up to £2,880 net per child into personal pensions for them each year. The Government will add up to a further £720 per annum for each. The investment will not suffer any annual taxes and cannot be drawn until the child reaches at least 55.
If you would like to arrange a free meeting with a Liverpool accountant to discuss cutting your personal tax bill, either at our office or at your premises, please contact us on 0151 724 3960 or by email at [email protected].
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Added by Jon Davies