12min chapter

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Ep 205: Last Minute Tax Hacks to Save £’000s before the 5th April

Medics Money podcast

CHAPTER

Maximizing Tax Savings and Understanding Different Investment Options

This chapter provides detailed guidance on optimizing taxable income for tax savings through adjustments like charitable donations and private pension contributions. It clarifies confusion around adjusted income calculations for tax purposes, particularly focusing on NHS pensions. The discussion explores various tax-saving strategies, including Individual Savings Accounts (ISAs) and pensions, emphasizing the importance of understanding personal circumstances for optimal investment decisions.

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