But if you’re a high rate tax payer, isn’t it better to put that into a pension (40% easily beats 25%)? If you have a salary sacrifice scheme you get national insurance relief too.
Do both.
Isn’t the annual pension contribution ceiling £60k? Who’s putting in more than that???
@Ben689908 started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
But if you’re a high rate tax payer, isn’t it better to put that into a pension (40% easily beats 25%)? If you have a salary sacrifice scheme you get national insurance relief too.