Higher-rate taxpayers in the UK need to claim the additional tax relief on their pension contributions. This can be done online via the HMRC tool or Self Assessment, potentially yielding a total relief of up to 40%. Understanding your pension scheme’s tax arrangement is essential.
Since pension income is considered an ordinary income, it is taxed. The rule of thumb is to withdraw only within the annual income tax
Contents Setting up pension pots is one of the most tax-efficient ways to earn a steady retirement income. State pension savings, for example, can be
Contents Setting up a pension scheme is one of the quickest ways to get tax relief on your annual income. The annual allowance tax relief
Contents In 1908 the initial state pension was presented to the United Kingdom. Social Government’s monetary help brought this concept, and it is ongoing till
Our Experts
Fahad is a Chartered Certified Accountant (ACCA), with a motto “When “why” is clear, “how” is easier”. He is proficient in numeracy and impassioned with giving concise advice to a wide range of clients.
Junaid has been instrumental in the achievement of our success across various regions and he specialises in business management, accounting and tax advisory services.
Faizan is good at providing well-thought-out strategies and solutions to complex problems in Business Development which makes him a proficient overseer of our clients.
The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
Property purchases in the UK within the stamp duty threshold are tax-free. The threshold depends on several factors, such as whether an individual is
HMRC is currently writing to people that have been impacted by an old administrative error. This error was related to Home Responsibilities Protection (HRP).
Should I be a sole trader or limited company? The answer to this is, of course, subjective. There are a lot of factors to
Is tracking your rental income and expenses harder than it should be? For many landlords, tax season means digging through paperwork and rushing to
What happens to your wealth when you pass on? The answer sometimes catches many people off-guard, especially once they discover how much of their
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The quickest way from A to B is usually a conversation. So, if you want to find out more about how Legend Financial can boost your business, get in touch. We’ll give straight answers so you can make a confident decision, fast.
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We provide services to our clients based on the principle of honesty, sound knowledge, reliability, and integrity, assuring the best quality and relevant advisory to our clients’ individual and business tax needs.
Monday to Friday:
9:00 AM – 6:00 PM
Citygate House,
246-250 Romford Road,
London, E7 9HZ
Our Locations: Stratford , London, Hounslow, Milton Keynes, Manchester , Glasgow, Bolton
© Legend Financial and Tax Advisers Limited is registered in England and Wales, Registration number: 08103572
