Make it your business to invest in an exit strategy

Instead of ploughing everything into your firm, consider splitting investment risk and cutting tax exposure by building up your pension fund

3rd October, 2021
Make it your business to invest in an exit strategy
Eoghan Gavigan of Highfield Financial Planning: every business owner should make pensions a part of their tax planning

Business owners are not always aware of how to extract wealth tax using a pension, said Eoghan Gavigan of Highfield Financial Planning.

“Business owners are very conscious of how much tax they pay, but relatively few fully appreciate the scope they have to extract wealth tax effectively using a pension.

“Most people are familiar with the age-related tax-relievable percentages that apply to pension contributions. However, if you have your company establish an occupational pension...

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