Act Now On Your Pension ... It Will Help Secure Income When You Most Need It

Summary

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As the new tax year looms closer, changes to the level of basic rate income tax mean that maybe the smarter investors will be reviewing their pension contributions now. What is changing It was widely announced some time ago that the rates of income tax change from April 6 and these will have an effect on any pension contributions you make:

Basic rate of income tax will be reducing from 22% to 20%;

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Extract

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Act Now On Your Pension ... It Will Help Secure Income When You Most Need It

Higher rate of 40% remains unchanged, and

Starting rate of 10% is to be removed completely.

There are also significant changes to the level ...

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