SIPPs and Taxation

Annual Allowance

The budget in 2009 outlined plans to limit pension contributions tax relief for +£100,000 earners. Those in this income bracket should contact us immediately.

Lifetime Allowance

Those with a pension fund value approaching or in excess of £1.5 Million should contact us immediately.

Income Tax on Annuities

Those who wish to take pension benefits whilst still earning part or full time could be heavily penalised. If this applies to you, you should contact us immediately.

QROPs

Those living, or intending to live, overseas, should read our information on Qualifying Recognised Overseas Pension Schemes.