2min chapter

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Ep 255: Could GPs save tax with a limited company? Q&A

Medics Money podcast

CHAPTER

Understanding Pension Annual Allowance and Carry Forward Options

This chapter explores the mechanics of the annual pension allowance, detailing the recent increase to £60,000 and the concept of carrying forward unused allowance. It highlights the calculation of allowance growth, the impact of additional earnings, and the utilization of tools like the HMRC calculator for accurate assessments.

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