Pensions and Retirement Planning

The rules around pension planning have changed a great deal recently, arguably making pension planning more important than ever. There are potential significant tax savings to be had with much greater freedom about how and when you draw the funds from the age of 55 onwards.

2016/17
Minimum age for taking benefits55
Annual allowance£40,000
Lifetime allowance£1,000,000
Normal maximum tax-free lump sum25%

The value of pensions and the income they produce can fall as well as rise. You may get back less than you invested.

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News

5 July 2019

eNews – July 2019

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20 June 2019

eNews – June 2019

In this month’s eNews we report on the latest OTS report on simplification of everyday tax for smaller businesses as well as HMRC tackling dishonest dog breeders. We also update ... Read more

Mander Duffill wins Civic Society Award

Mander Duffill were delighted to be presented with a 2019 Conservation & Environment Award for the conversion of the old Post Office building into offices. Julian Duffill, Managing Partner, collected ... Read more